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Creative Industry Players Urged To Exploit RM425 Million Allocation

3 December 2010

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Creative Industry Players Urged To Exploit RM425 Million Allocation

Creative industry players are urged to make full use of the RM425 million allocation provided by the government.

This is in the hopes that they will produce local works of art that are of high quality that can be accepted internationally.

“Hanyut” by U-Wei Saari, with a loan of RM5 million

Information Communication and Culture Minister Datuk Seri Dr Rais Yatim said that out of the RM200 million allocated in the 2010 Budget, only RM75 million had been utilised so far.

“I feel they (industry players) are interested in the fund but extensive information on the fund was not forthcoming,” he told reporters after attending the preview of the film ‘Hanyut’ at the Malaysian National Film Development Corporation (Finas) studio, here Thursday.

Read the full story here >>

via Bernama

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