Media & Events

Budget 2015: MCMC Positive Of Growth In Creative Digital Content

10 Oct 2014
Cyberjaya, 10 October, 2014 --- The Malaysian Communications and Multimedia Commission (MCMC) is positive that there will be continuity in Budget 2015 on efforts to boost the communications and multimedia industry towards Malaysia becoming a developed high income nation by the year 2020.

“This year’s Budget is more focused on increasing creative digital content and clearly indicates the government’s commitment in its effort to generate the development of the virtual economy. This effort is significant in order to catapult local digital content  into the international arena,” said MCMC Chairman, Dato’ Mohamed Sharil Tarmizi. “This is also in line with our recent initiative, the KL Converge (www.klconverge.com) expo and conference which we organized to showcase the potential of both local and regional creative industry by providing a platform to merge  ideas and distribute digital content,” he added. KL Converge, an initiative by the Ministry of Communications and Multimedia, was mooted by former minister Tan Sri Dr Rais Yatim and materialised by current minister, Dato’ Sri Ahmad Shabery Cheek.

Pursuant to the allocated RM200 million to MyCreative Ventures in 2012, Budget 2015 continued the initiative to boost the creative industry through a Digital Content Industry Fund with an allocation of RM100 million under MCMC. Digital content encompasses the creative industry which includes animation, film, arts and design, cultural heritage, as well as online content including internet portal and mobile apps.

“We would also like to thank the government for their efforts to increase the capacity of high speed broadband to continue to bridge the digital gap  amongst the people in this country and drive the culture of digital lifestyle,” said Dato’ Mohamed Sharil.
 
Pursuant to Budget 2014, this year, Budget 2015 remains committed to the allocated budget of RM2.7 Billion in the course of three years to develop high speed broadband in areas with high economic impact, including state capitals and selected cities, nationwide. It also includes the construction of 1,000 new telecommunications towers and the construction of undersea cable to boost internet access in Sabah and Sarawak.

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