Creative Economy: Selangor Aims To Generate RM20 Billion By 2035 - Exco

SHAH ALAM, Sept 23 (Bernama) -- The Selangor Creative Economy Strategy Action Plan was launched today, as a guideline to drive the transformation of the state’s arts, culture and digital industry players, with a target of generating RM20 billion in returns by 2035.

The action plan is expected to be tabled at the State Legislative Assembly sitting in November.

State Youth, Sports and Entrepreneurship Committee chairman Mohd Najwan Halimi said the creative economy sector deserved greater attention as it had significant potential, having contributed RM20 billion to the Gross Domestic Product (GDP), according to a recent report by the Department of Statistics Malaysia (DOSM).

He said of the total, RM2 billion was contributed by creative industry players in Selangor.

“Perhaps the figure is not very large, but it shows that the state has been able to contribute to the country’s GDP growth at the national level,” he said.

“This sector is no longer just about arts and culture, but also about creating high-value jobs, driving the economy, strengthening tourism and building a global identity for Selangor,” he said, at an engagement session held in conjunction with the Selangor Creative Economy Expo 2025 (SCEE25), at the MBSA Convention Centre, here, today.

Mohd Najwan said the launch of the action plan was also in line with the call by Menteri Besar Datuk Seri Amirudin Shari to develop Selangor’s creative economy sector, as outlined in the state budget last year.

At the same time, Mohd Najwan, who is also chairman of the Selangor Creative Economy Committee, said that various initiatives have been introduced to position Selangor as a ‘trendsetter’ in the creative economy sector, which has also been recognised in the 13th Malaysia Plan (13MP).

“To achieve this, six key catalysts have been identified, namely talent development, digital empowerment, access to financing, infrastructure, market access and strong governance, supported by three main strategies, beginning with sustainable economic growth to drive innovation, entrepreneurship and export opportunities,” he said.

“The next strategy is inclusive participation, aimed at strengthening local talent and expanding access to creative platforms, followed by cultural heritage preservation to uphold Selangor’s unique identity, through conservation, tourism and public engagement,” he said.

Earlier, the Tengku Permaisuri of Selangor, Tengku Permaisuri Norashikin, officiated SCEE25, which will run for two days, starting today.

The event features various programmes, including engagement sessions, forums, workshops, exhibitions, CRE8Biz Xchange (business matching platform), CRE8Fund (Selangor Creative Micro Fund), CRE8Stage and memorandum of understanding (MoU) signing sessions.

-- BERNAMA