|
contents | business | |||||||
| Qu?bec Attracts Large Investment from Ubisoft Entertainment Premier of Qu?bec Jean Charest, along with Minister of Economic Development, Innovation and Export Trade Raymond Bachand and Minister of Employment and Social Solidarity Michelle Courchesne, is pleased with Ubisoft Entertainment's decision to establish a major digital design studio and expand its video game studio in Montr?al. Ubisoft's objective is to transform its facilities in Qu?bec into one of the largest digital entertainment centres in the world. This project, which is the third phase in the company's expansion, is as strategic as Ubisoft's initial establishment in Qu?bec in 1997. Through Ubisoft's presence, Montr?al has become one of the five axes of interactive digital media development in the world in just a few short years. This project will require a total investment of $454.1M. The Government of Qu?bec has earmarked funds of up to $19M. The government's contribution is based on the interim financing from tax credits, training related to new jobs, conducting studies and collaboration in training of qualified labour in the video game and digital design sectors. Depending on its activities, Ubisoft could also benefit from a tax credit for the production of multimedia titles and film production services. The project includes two phases. The development of a digital design studio will bring together film and video games, while the expansion of the video game studio will make it possible to increase the number of video games produced in Qu?bec. These two phases will create 1,000 jobs in all by 2013. This translates into attractive career choices for Qu?bec youth in a future sector of our economy. Several departments worked together to convince Ubisoft to choose Qu?bec. Thus, the Minist?re du D?veloppement ?conomique, de l'Innovation et de l'Exportation; de l'Emploi et de la Solidarit? sociale; des Affaires municipales et des R?gions; and des Finances, de l'Education, du Loisir et du Sport, as well as Investissement Qu?bec and SODEC, contributed to bring together this outstanding offer in line with their respective programs. These investments are part of the Qu?bec Research and Innovation Strategy, launched on December 4, 2006. This strategy makes research and innovation the foundation for competition and the driving force behind economic development and job creation. Investment in research and innovation aims to develop new technologies and products, which can then be mastered by businesses and organizations in Qu?bec in all sectors. write your comments about the article :: © 2007 Game News :: home page |