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Friday, September 20, 2024

PH game development studios raise $9.2m in sales in Nordic conference

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Philippine game development studios generated $9.2 million in sales at Nordic Game 2024, Europe’s premier game developer conference, marking the second successful participation as a rising star in the global game development scene.

Organized by the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) and the International Trade Centre (ITC) through the ARISE Plus Philippines Project, the delegation, composed of Arclight Lab Inc., GameOps Inc., Neun Farben, Top Peg Animation Inc. and Startrace Studios OPC, met with industry leaders, forged partnerships and explored lucrative business opportunities.

“With the support of the ARISE Plus Philippines Project, we have showcased our capabilities beyond our traditional markets, making inroads in the European market,” said DTI Undersecretary Ceferino Rodolfo.

The Philippine Export Development Plan 2023-2028 underscores the critical importance of a robust export ecosystem for the sector’s sustained growth.

EMB director Bianca Sykimte acknowledged the project’s significant contribution to building the capacity of game developers to venture into new markets.

“The Philippines’ promising game development sector continues to thrive globally, as exemplified by their second participation in the Nordic Game. This success aligns with the objective of our Arise Plus project to diversify the country’s export markets, undertaken in collaboration with the DTI and the industry,” said ITC ARISE Plus project manager Sylvie Cochin.

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