diff --git a/projects/rocjpeg/CMakeLists.txt b/projects/rocjpeg/CMakeLists.txt
index 38e07c03d1..5e7d5a5ba7 100644
--- a/projects/rocjpeg/CMakeLists.txt
+++ b/projects/rocjpeg/CMakeLists.txt
@@ -42,7 +42,7 @@ endif()
 
 # rocJPEG Version
 # NOTE: package version and rocjpeg_version.h is generated with this version
-set(VERSION "0.11.2")
+set(VERSION "0.12.0")
 
 # Set Project Version and Language
 project(rocjpeg VERSION ${VERSION} LANGUAGES CXX)