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Digital Minister Gobind Singh Deo said that Malaysia’s digital creative industry exports will reach 1 billion ringgit in 120 markets and regions by 2022, with an annual growth rate of 8%.
Malaysia has more than 300 studios engaged in creative technologies such as animation, games, and movies, with 20 new studios and 180 Malaysian original intellectual property rights added every year. The Digital Economy Corporation (MDEC) plans to deploy 200 IPs and achieve an export growth rate of 8% from 2021 to 2025.
The Digital Content Ecosystem Policy (DICE) has been formulated in 2019. The government will strengthen the policy to promote the development of the digital creative industry and has launched two new incentive schemes.
These initiatives aim to raise the standards of the creative industries, strengthen the digital ecosystem, and help industry players achieve greater success in the digital economy.
(Source: Bernama Image source: freepik)
