The Ministry of Culture reported to the Executive Yuan on June 6 on the implementation results and the future points of its project to construct an ecosystem for the nation's original content creators and providers by establishing the Taiwan Creative Content Agency (TAICCA).
TAICCA will integrate Taiwan's cultural, technological, and economic strengths as an independent administrative corporation supported by the government, and serve as an intermediary organization that will help the creative sector draw investment and capital from private sectors and global players.
TAICCA has also devised a five-year project, aiming to establish effective policy-oriented mechanisms for the creative sector in one year and boost content production within three years. By the fifth year, comprehensive intermediary apparatuses will be in place and supported brands will have achieved a certain degree of global recognition that will help strengthen Taiwan's position on the international stage.
For example, the Ministry of Culture has put aside a total of NT$10 billion, which includes NT$6 billion from the National Development Fund, for its "Cultural Content Investment Project" in hopes of inspiring financial holding firms, venture capital funds, e-commerce platforms, retailers, and publishers to invest, consolidate, and improve the industry's ecosystem.
So far, the investment capital has produced such outstanding dramas as "On Children" and "The World Between Us." The Ministry has also successfully matched domestic producers with international platforms, such as "The Teenage Psychic 2" co-produced by HBO Asia and Taiwanese producers, "All Is Well" by Singaporean and Taiwanese producers, and "Nina Wu" co-produced by Burmese, Malaysian, and Taiwanese producers.
The Ministry is also working with other agencies to overhaul regulations, such as increasing the broadcasting percentage of domestically produced TV programs, lowering the frequency for airing television ads that promote non-Taiwanese shows, revising criminal laws to include the infringement of audiovisual copyrights by set-top boxes that provide illegal IPTV shows, and making movie box office statistics more transparent.
Improvements of overall conditions will further be bolstered by the completion of cultural infrastructure projects across Taiwan. The Taipei Music Center in Nangang District, the Maritime Cultural & Popular Music Center in Kaohsiung's Yancheng and Lingya Districts, and the newly approved Huashan 2.0 Cultural Content Cluster in Taipei's Zhongzheng District will upgrade the nation's production capabilities and cultivate a new generation of cultural professionals.
