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Manila Bulletin devider Business devider Trade & Industry devider DTI vows support for gaming industry

DTI vows support for gaming industry

Published Feb 18, 2024 01:03 pm

The Department of Trade and Industry (DTI) has expressed its support to the local gaming industry, citing the sector's ripe potential in contributing to the economy.

“As we build and strengthen the game development ecosystem, the government stands ready to support game developers through various measures, such as funding innovation, minimum viable product development, prototyping, and marketing initiatives," said DTI Competitiveness and Innovation Group (CIG) Undersecretary Rafaelita Aldaba at the Game-Dev Summit (GDS) in Boracay on Feb. 15.  

GDS 2024  was the first of its kind to be held in the country, done in partnership with GameOps Inc. and the Game Developers Association of the Philippines (GDAP).

Around 300 participants composed of gaming experts, advocates, and enthusiasts, along with more than 70 companies from 32 countries flocked to the event to discuss, network, and collaborate on ways to boost the gaming development industry. 

A key highlight of the summit was the External Development Summit (XDS), which is an annual international games industry event aimed at promoting external development for art, animation, audio, software engineering, QA, and localization.

It also hosted activities for stakeholders dabbling in Indie Games.

Moreover,  former senator Bam Aquino also graced the summit to show his support to the growing Philippine gaming landscape, Filipino gamers and game developers. 

The GDS 2024 was announced in September last year at the XDS held in Vancouver, Canada.

The Philippine delegation to the XDS 2023 was composed of (DTI-CIG), DTI Export Marketing Bureau (EMB), the Philippine Trade and Investment Center (PTIC) – Silicon Valley, and the Game Developers Association of the Philippines (GDAP), with the support of International Trade Center (ITC) ARISE Plus Philippines featured Philippine Game Development companies including Pixel Mafia, GameOps Inc., Synergy88, Animation Vertigo, and Neun Farben Corporation.

They were able to generate $35 million direct investment, $46.5 million worth of sales revenues, and $14.3 million worth of contracts under negotiation.  

DTI said it is aiming to make the GDS a yearly event, as part of their commitment to create strong bonds with the private sector for economic development. 

"This commitment underscores our dedication to fostering creativity, innovation, job generation, and economic growth within the gaming industry,” said Aldaba.

In 2022, the local gaming industry recorded $75 million in revenues, creating jobs for 8,000 Filipino professionals.

It showcased the dynamic gaming opportunities in the country, in the three-day trade event Gamescon held in August last year in Cologne, Germany. Filipino game development companies were able to generate $7 million in initial export sales.

Prior to that five Filipino gaming companies secured around $1.67 million in actual and potential export sales in the Nordic Game 2023 conference in Malmo, Sweden. 
 

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