NX3 Games, a South Korean video game company, plans to broaden its presence in Malaysia and aims to establish its regional headquarters in Kuala Lumpur by next year.
Communications and Digital Minister Fahmi Fadzil revealed that NX3 Games’ management conveyed this commitment during his visit to the company’s headquarters, according to a news report by Bernama.
He said that Malaysia ranks highly as the preferred investment destination for the South Korean company to expand its operations and he also expressed optimism that Malaysia would be the second country chosen by these South Korean companies for investment, with the United States being their primary expansion destination.
Additionally, the talks encompassed potential collaboration between NX3 Games and the Malaysia Digital Economy Corporation (MDEC).
Fahmi anticipated fruitful outcomes as NX3 Games expands its presence in the ASEAN region and designates Malaysia as its headquarters.
In Malaysia, NX3 Games will focus on three core areas: game publishing, research and development, and content design.
Terrence Kim, Chief Content Officer at NX3 Games, emphasised the company’s eagerness to invest in Malaysia, recognising substantial opportunities within the gaming industry.
Kim expressed excitement about the prospect of expansion in Kuala Lumpur, citing ongoing discussions and support from the minister, MDEC, and the Malaysian Investment Development Authority (MIDA).
Meanwhile, Fahmi also met with representatives from Smilegate, a prominent South Korean video game company with intentions to expand its business in Malaysia.
Smilegate is well-known for its online FPS game, Crossfire and Lost Ark, an online free-to-play action RPG.
During discussions with Smilegate’s CEO, Sung Joon Ho, Fahmi encouraged the company to explore Malaysia as an investment destination.
He noted that Smilegate had previously engaged with MDEC during the Game Developers Conference 2023, strengthening their cooperative relationship.
Fahmi expressed optimism that this partnership would contribute to the growth of Malaysia’s digital economy sector.
