MDEC to fortify DICE policy

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KUALA LUMPUR: The Communications and Multimedia Ministry (MCMC) has announced that the upcoming Digital Content Ecosystem (DICE) policy is undergoing due processes of engagement and syndication led by the Malaysia Digital Economy Corporation (MDEC).

The high-level meeting last week, which saw the participation of government and industry leaders, was part of the due process that MDEC was undertaking to develop the DICE Policy 2020-2030.

“The main goal of this engagement was to create a deeper understanding for the DICE policy and expand government outreach with the creative industry,” MDEC said in a statement today.

Announced in August 2019, the DICE policy is a comprehensive paper that MDEC put together under the direction of MCMC with the aim of fortifying the local digital content industry and ultimately positioning the nation as a leader in digital content creation and production.

MDEC said animation studios, games companies, platforms and ecosystem players participated in last week’s industry engagement session.

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MCMC Minister Gobind Singh Deo, who was in attendance, said Malaysia was a recognised powerhouse in the digital content industry, and the nation intended to achieve more by reinforcing the foundations that were already in place.

“To move forward, we need a clear strategy among all the government stakeholders. This includes alignment among industry partners and ecosystem players, with the aim of setting a clear direction for markets and investors to follow,” he said.

According to Gobind, the digital content industry has become a fast-growing export sector for Malaysia, generating RM1.3 billion in exports at a 28 per cent compound annual growth rate since 2014. – Bernama

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