Malaysia has increased its digital content fund to RM65 million/US$15 million to promote creative works “especially those that embody the spirit of nationalism”, and will provide about RM40 million/US$9.3 million to support international film production in the country.
The 2025 Budget also provides RM25 million/US$5.8 million to “support the creative industry through equity injections into high-potential companies, and to provide financing for creative social entrepreneurs”.
In addition, the Madani Creative Youth Programme will be organised with an allocation of RM30 million/US$7 million “to attract about 16,000 youths to venture into the field of arts”.
The programme will include activities, such as videography skills workshops for creative content, film community development, and short film competitions.
In his Budget address on Friday, Malaysia’s prime minister and finance minister Anwar Ibrahim, said the government “continues to support the development of the arts and creative industries”.