Animation industry shows potential, funding likely
Communications Minister Datuk Fahmi Fadzil ( pic ) said the initiatives, involving the National Film Development Corporation Malaysia (Finas) and MyCreative Ventures (MyCV), will be revealed during his winding-up speech in the Dewan Rakyat.
'My instructions to MyCV and Finas are that, aside from preparing funds, we must also look into several aspects of production such as funding from the corporate banking sector,' said Fahmi at a press conference after announcing the Riuh X Asean event yesterday.
According to Fahmi, the corporate banking sector sees the creative industry, especially animation, as a profitable venture.
'We want synergy between the corporate sector and the creative industry. God willing, MyCV and Finas will help facilitate this,' he said.
Fahmi added that Finas is also working to strengthen intellectual property (IP) rights in Malaysia's film industry to help local productions penetrate Asean markets.
'Among the efforts is establishing a network to elevate local IPs to the Asean level,' he said.
On the Riuh X Asean 2025 event, Fahmi said it will be held from Oct 17 to 26, with the venue to be announced later.
The event is expected to draw 20,000 to 30,000 visitors and will showcase arts, music, creativity and entrepreneurship in line with the Asean 2025 theme of unity, inclusivity and sustainability.
Highlights include the Riuh X Asean Marketplace, from Oct 22 to 26, and featuring over 40 stage performances, 30 interactive workshops and 100 food vendors from Malaysia, Thailand, Indonesia and the Philippines.
Another event is FrequenSEA, the first Asean music conference, set for Oct 21 and 22 in Kuala Lumpur.
Admission is free, with more than 200 musicians, publishers and industry leaders expected to attend.
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