KUALA LUMPUR: The development of the creative industry can be accelerated by firstly maximising the industry's potential, said Communications and Multimedia Minister Tan Sri Annuar Musa.
He said it can be achieved by leveraging on Malaysian creativity and digital technology, while preserving invaluable national culture, arts and heritage.
"We will be developing a conducive ecosystem for the creative landscape, upscaling our talent to match the needs of the industry, as well as strengthening our product development and promotion initiatives," he said at the virtual Kuala Lumpur Creative Economy Forum (KUL.CEF 2021) and kick-off of the Art In The City (AITC) 2021 today.
He said the growth enablers will increase revenue and job opportunities, as well as bolster local distinctive cultural identities, paving the way for Malaysia to become a renowned exporter and leader of the creative fields.
"Personally, in my purview as minister, I hope to see the industry strengthen through a strategic plan, a coordinated effort across the public and private sectors, a database approach in scaling up the sectors, and patient capital to grow this creative economy of Malaysia.
"This must be done immediately via the Ministry of Communications and Multimedia and its agencies including the Cultural Economy Development Agency (CENDANA) and MyCreative Ventures," he added.
"It is time, now more than ever, to spur the growth of the industry and it requires an out-of-the-box approach or approaches which we can borrow from others who have done very well.
"We can localise these approaches here at home to create a conducive ecosystem to ensure the industry becomes an engine of social inclusivity, (leading to) creation of jobs, and potentially economic gains for the nation," he said.
Annuar said with 2021 being the International Year of Creative Economy for Sustainable Development, there is much to harness from cultural and creative stories and assets.
"We already have close to 900,000 Malaysians employed in the creative economy and that is a big number. Indeed more can be done and I believe more should be done.
"The 12th Malaysia Plan aims to boost the creative sector's contribution to national Gross Domestic Product (GDP) by almost 20 per cent over the next five years, from RM26.8 billion in 2020 to RM31.9 billion by 2025.
"There is a huge role for the government to play in facilitating this growth. It does not only require policymakers of the country, but also corporations and the content creators, to play an important role in developing the country's creative economy, especially post-COVID-19," he said.
After more than a year's hiatus due to the COVID-19 pandemic, CENDANA, a unit of MyCreative Ventures, aims to reach out, restart, revive and rebuild the nation via the arts and culture sector via one of its leading arts platforms in engaging with the public, AITC 2021.
AITC 2021 will kick off with the KUL.CEF Forum on Oct 14, held virtually.
KUL.CEF forum is a follow-up online conversation from the Creative Economy Forum that took place in October 2020. It is a Malaysian event to commemorate the International Year of Creative Economy for Sustainable Development.
KUL.CEF aims to focus on increasing the participation of the private sectors in contributing to the development of arts and culture in Malaysia.
-- BERNAMA
Bernama
Thu Oct 14 2021
The development of the creative industry can be accelerated by firstly maximising the industry's potential, said Communications and Multimedia Minister Tan Sri Annuar Musa. - BERNAMA file photo
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'
The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Putin says Russia willing to seek compromises between Iran and Israel
Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
What proposals will Russia push at the BRICS summit?
The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Indonesia's free meals plan in the spotlight as Prabowo readies for office
Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21
Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say
Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Liam Payne's ex-partner calls for media restraint after 'painful' death
Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Analysts: Indonesia's strong MoF leadership team to boost investor confidence
Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Biden offers both a carrot and a stick to Israel as his term nears an end
Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Putin says BRICS will generate most of global economic growth
Russian President Vladimir Putin will host a summit of the group in the city of Kazan on Oct. 22-24.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.