"Making reference to the billion-dollar global animation industry, which up to last year was enjoying an annual growth rate of about 9 per cent, Phillips said, “We don’t need to get all of it, not even 10 per cent of it, but we can get enough of it to seriously impact our current realities.”
Phillips described the graduation as “a genuinely path-breaking venture, which carries with it so many national hopes and dreams”.
According to the World Bank, the initiative explores the possibilities of positioning Jamaica as one of the global hubs of animation with South Korea, India and the Philippines, “as a means of tapping into the significant creative talent of Jamaican youth and their interest in participating more actively in the global economy.”
“Animate Jamaica” started in June 2013 when the Government of Jamaica, with the support of the World Bank Group and a suite of local and international private sector partners, staged the Caribbean’s first full-fledged animation conference, ‘KingstOOn’, in Kingston.
The bank said while Jamaica has only a few full animation studios, “international companies are increasingly looking at Jamaica as a country of choice for outsourcing animation production, with a number of new contracts flowing in over the last few months.” - Dr Peter Phillips, Minister of Finance