Yogyakarta (ANTARA) - Indonesia's creative industry has become a reference point for other countries, having successfully created nearly 25 million jobs, according to Minister of Tourism and Creative Economy, Sandiaga Uno.

During the International Creative Industry Conference and Festival 2024 (IC Fest 2024) in Yogyakarta on Thursday, Uno noted that the creative industry has generated Rp1,400 trillion (approximately US$92.39 billion) in added value and exports totaling around US$27 billion.

Uno is optimistic that these achievements will be sustained and improved, aligning with the Golden Indonesia 2045 vision, which aims for the creative economy to contribute 11 percent to the national economy.

The IC Fest, held for the first time this year, is expected to enhance opportunities for international collaboration across sectors to further develop the creative industry.

"Not only are we focusing on the business sector, government, and academia, but we’re also discussing communities and intellectual property rights owned by these communities," Uno remarked.

During the festival's opening session, he emphasized that the creative economy sector has grown in recent years, despite the challenges posed by the COVID-19 pandemic.

He pointed out that the creative economy contributes around 3 percent to the global gross domestic product (GDP), generating US$2.3 trillion and employing approximately 50 million people worldwide.

By 2030, the creative economy is expected to play a more significant role, contributing up to 40 percent to the world’s GDP.

Uno expressed confidence that Indonesia's creative industry will continue to expand in the coming years.

"Specifically, the film, animation, and video subsectors are expected to drive growth in 2024 and 2025," he stated. "If the US has Hollywood and Korea has 'drakor' (Korean dramas), Indonesia has 'drahor' (horror dramas)."

Uno noted that, for the first time this year, 60 percent of films shown in Indonesian cinemas were domestically produced.

He also highlighted that IC Fest is expected to shape the future of the creative industry through international collaboration, which will continue to strengthen.

"We hope that next year it will be held on an even larger scale. IC Fest may eventually be comparable to major global creative economy events," he added.

Meanwhile, Gadjah Mada University rector Ova Emilia expressed optimism that IC Fest 2024 will provide positive momentum for the development of Indonesia's creative industry by fostering innovative practices.

"This, in turn, can create opportunities for collaboration that will impact both the national and global community," she said.

"Hopefully, this event will offer new insights into the creative industry and help position it as a driving force for the new economy."

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Translator: Luqman Hakim, Yashinta Difa
Editor: Anton Santoso
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