Singapore must seize global media opportunities or risk falling behind: Tan Kiat How

Singapore must seize global media opportunities or risk falling behind: Tan Kiat How


ROOM FOR IMPROVEMENT, LOOKING AHEAD

Acknowledging gaps in Singapore’s media ecosystem, Mr Tan was frank about the country’s limitations.

“We cannot compete on cost. We are not the cheapest place to do filming, or a place where you can find locations in which the production is the cheapest, but we are competing on value. We are competing on capabilities that you may not be able to find anywhere else in the region,” he said.

“(It’s with) this mindset (and with) TAP to bring the ecosystem together – from project development to production, distribution, marketing, IP financing and a business environment.”

The momentum at this year’s Singapore Media Festival, for example, points to the country’s growing relevance as a hub for regional and international collaboration, Mr Tan added.



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