Strengthening exports with K-content, making this year the first year of a tourism powerhouse…Ministry of Culture, Sports and Tourism report

Taking this year as the first year of K-tourism, we prepare for the era of 30 million foreign tourists in 2027. With the K-Contents Fund, the largest ever, worth KRW 790 billion, it will develop future export competitiveness.

On the 5th, the Ministry of Culture, Sports and Tourism announced an action plan based on this in the New Year’s Presidential Business Report. This year, amid unstable economic conditions at home and abroad, K-Culture and K-Tourism have expressed their will to nurture K-culture and K-tourism as strategic industries that will lead the country’s leap forward.

The Ministry of Culture, Sports 토토사이트 and Tourism plans to actively attract foreign tourists to recover daily life after COVID-19 amid hot interest in Korea due to popularity such as K-pop. As of last year, 970,000 foreign tourists and tourism income remained at $10.3 billion, but this year, it is expected to increase to 10 million and $16 billion, and recover next year to pre-Corona 19 levels. In particular, it presented a goal of importing 30 million people and 30 billion dollars by 2027. Create a cluster that connects the Blue House area with history, culture, and tourism resources and develop it into a world-class special tourist zone like Washington DC in the United States.

K-content exports are also planned to rise from $12.4 billion last year to $15 billion this year and $22 billion in 2027. To this end, it is also providing the largest-ever policy financing support this year. It is a K-content fund with a total value of 790 billion won, including guarantees and interest support.

In addition, it is a plan to support basic art-based K-arts to become the next-generation runners of K-culture, taking advantage of the recent advances in the classical music and art markets. In particular, it plans to intensively promote 150 domestic artists over the next three years in connection with Frieze Seoul. Support for emerging artists and young artists will also be strengthened. A platform for overseas expansion of Korean literature will be established, and a graduate school of translation will also be established in 2025.

In addition, to revitalize the region, designate a cultural city, support around 20 billion won per city, and create various tourism demands by linking the region. In order to bridge the cultural gap of the vulnerable, such as the disabled, a standard performance hall for disabled artists will be opened in June, and a national incentive program (up to 50,000 won per person) will be introduced to support sports activities for the general public.