Malaysia To Spend US$5mil On Growing Esports Industry
The Malaysian government will spend a portion of its US$4.8 million budget allocation for esports on creating more digital education content for the youth.
Malaysia Digital Economy Corporation (MDEC) chief executive officer Surina Shukri said games were not only for entertainment but could also be used for educational purposes.
“I see many games now where you’re able to interact and learn new content, whereby, to get to the next level, you have to answer chemistry questions,” she said at the launch of Level Up KL Biz 2019 today.
Surina also said Malaysia was keen to explore more collaborations to tap into the “huge opportunities” in esports, a US$150 billion industry that was bigger than the film and music industries combined.
“Our next milestone is to position Malaysia as Southeast Asia’s games development powerhouse, validating our nation as the preferred destination for this empowering industry. As Malaysia has an enormous pool of local talents capable of developing games enjoyed by the world, right from our own backyard, I am absolutely confident that we will hit that milestone very soon.
“Recognising this latent potential, our government recently allocated RM20 million in funding, from the 2020 National Budget, to MDEC for the development of the digital content creation industry. This is a clear statement of intent that Malaysia has the drive, and the means, to become a powerhouse in the game development industry.”
Hasnul Hadi Samsudin, Vice President of Digital Creative Content at MDEC added: “Malaysia has set its eyes on becoming the Southeast Asia’s hub for the games industry since 2015 – that was when Level Up KL was first initiated.
“Four years on, today, our platform is the chosen stage for renowned international and local companies to demonstrate their innovations and tap on our expertise to help them grow. This very act is a testament of Malaysia’s thriving games ecosystem and how it is ready to level up and achieve greatness.”