KUALA LUMPUR: The government today launched a five-year action plan to transform Kuala Lumpur into a cultural and creative city to increase the capital’s GDP from RM11.2 billion to RM19.4 billion besides creating 125,000 jobs.
Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak, who announced this, said the plan was an outcome of a report undertaken by the Cultural Economy Development Agency (Cendana) and several interest groups.
"The creative economy is one of the most rapidly growing sectors of the world economy.
"It is highly transformative in terms of income generation, job creation and export earnings. It also generates a non-monetary value that reflects a nation's capacity to express itself artistically and creatively – be it through films, music, literature or the arts – all of which can be shared with the world," he said while launching the report here today.
Cendana founding chief executive officer Izan Satrina Sallehuddin said the five-year agenda aims to position Malaysia as a vibrant and inspiring centre for arts.
She said the report has identified five building blocks for the plan to spur Kuala Lumpur's cultural and creative economy sector.