Creating Cultural Capital that’ll contribute to
Singapore's GDP
June 17, 2004
Excerpt from Radio Singapore
International broadcast interview that was produced and presented by Augustine
Anthuvan.
How can we create cultural
capital that’ll contribute to our GDP?
LSH: “Our arts scene has come a long way in the last 12 years. We have developed
our artistic capabilities. We now have some 550 arts groups and some 6000
performances and arts events in a year. So in terms of vibrancy, in terms of the
arts capital, I think we’ve come a long way although our starting point was a
very low level”.
Lee Suan Hiang, Chief Executive Officer of the National Arts Council. He feels
Singapore would now need to better deploy the arts capital that’s been developed
over the years, in order to increase its contribution to Singapore’s GDP.
LSH: “And in all the countries in the world there is a recognition that the
creative industries sector is a fast moving one. In fact it is one of the
fastest growing sectors and one of the fastest growing contributors to the GDP.
In the UK for example, the creative industries which comprise the arts, design
and media make up some 7.9% of the GDP. In Singapore the contribution is
currently 3%. Our objective is to double that to 6% by the year 2012. I think
this goal of doubling Singapore’s contribution from the creative industries from
3% to 6% of the GDP is achievable because if you look at what is being achieved
in cities like London, in New York, in Tokyo, you’ll find that this is a very
fast growing sector and I think this is very achievable in Singapore”.
But some of the feedback that I’ve gathered over the course of this production
is that there is also not enough being allocated on software meaning – training,
scholarships, grants. But of course some of this is also private sector driven
in terms of sponsorship. Do you think this is a fair comment that’s coming out
from the practioners and the people on the ground?
LSH: “Well there are a lot of myths and realities and one of the myths is that
arts funding has declined. I think this is not the case. In fact arts funding
has increased four fold in the last ten years. Many of our artistes and arts
groups look at grants in isolation. If you look at arts funding in total, last
year we gave out some S$11 million in grants as well as financial assistance to
artistes and arts groups. Not just in terms of arts grants but also in terms of
helping the artistes to perform and to exhibit overseas. And that financial
assistance has grown by 5% since last year. So I would say that a lot of people
may have the mistaken notion that arts funding has declined but it has in fact
grown by four times in the last ten years”.