KUALA LUMPUR, Oct 15 — The allocation of more than RM130 million under Budget 2027 for the local film, music and creative industries is a timely move to boost the sector’s contribution to economic growth and talent development.
MyCreative Ventures said in a statement today that the government’s support would help industry players nurture their talents, create high-quality content and build more resilient and sustainable creative businesses.
“In an industry increasingly shaped by technology, digital content and global competition, creativity must extend beyond producing works to generating greater economic value,” it said.
Prime Minister Datuk Seri Anwar Ibrahim, when tabling Budget 2027 on Oct 9, announced an allocation of more than RM130 million to support the local film, music and creative content industries, with the aim of elevating Malaysia’s image, creating job opportunities and bringing Malaysian stories to a global audience.
