Development of Film Industry Among Malaysia Communications and Multimedia Ministry’s Focus in 20191 min read

Reading Time: < 1 minute

Getting foreign companies to invest in film production, marketing local films to foreign markets and giving higher rate of payment for programmes produced by vendors for Radio Television Malaysia (RTM) are among the Communications and Multimedia Ministry’s (KKMM) achievements in 2019.

The ministry also gave priority to empowering small and medium-sized entrepreneurs, especially those in the rural areas, so that they would not be left out by digital economy.

The 2019 achievements by KKMM was contained in a report by the ministry which was uploaded by its minister, Gobind Singh Deo, on his official Facebook account today.

In stimulating the film industry, the report stated that the government introduced the ‘Film In Malaysia Incentive’ (FIMI), a cash rebate of 30 per cent on all Qualifying Malaysian Production Expenditure (QMPE), and it attracted eight overseas productions with potential investments of RM90.3 million.

Read the full article here>>

Photo Credit: Photo of Communications and Multimedia Minister Gobind Singh Deo; MalayMail