Although some would say that Singapore is the Silicon Valley of Asia, there are many who would argue that Beijing or Seoul are more deserving of the title. Seoul in particular is becoming a burgeoning startup hub, and the South Korean government wants to boost that growth even more by investing $65.9 billion into creating and promoting startups this year. Most of the money will be invested into Pangyo, a city to the south of Seoul that’s already a hub for culture and technology in the country, but will grown even further with these investments.