Kuala Lumpur – The establishment of a Co-Production Fund by Multimedia Development Corp (MDec) to support local creative content is expected to contribute significantly to the creation of job opportunities in the multimedia and creative industries, reports The Star Online. As a government fund, it would ultimately generate more employment opportunities for those in the creative multimedia industry, as well as others associated with it, said chief executive officer Datuk Badlisham Ghazali at the MSC Malaysia IP Creator’s Challenge Series awards ceremony last week. Part of the government’s second stimulus package that focuses on generating economic growth and bridging the digital divide, the Co-Production Fund seeks to accelerate the competency and capability of MSC status companies in the area of talent and technology by working on quality projects with capable foreign partners. According to Ghazali, RM75mil has been set aside for the fund, which will focus primarily on sponsoring children’s content, such as animation and games. The fund will target about 15 projects over the next two years with the potential of employing over 600 creative workers in various capacities throughout the project duration.