The Economic Development Board (EDB) told CNA on Thursday that “Ubisoft Singapore received a grant from EDB in 2016 to lead and develop an ‘AAA’ game title from Singapore".
A "AAA" game is informally used to classify video games produced and distributed by a publisher, which typically have higher development and marketing budgets than other tiered titles.
Franchises like Rockstar Games' Grand Theft Auto and Ubisoft's Assassin's Creed fall under this category.
Ubisoft Singapore started work on its first original intellectual property (IP), following the success of Assassin's Creed IV: Black Flag in 2013, and was eventually announced four years later.
However, creating the open-world pirate game, which reportedly cost US$200 million, has not been smooth sailing, with several delays, a reboot and the loss of three creative directors.