Malaysia prepares to launch 30% location filming incentive in 2012
Malaysia is preparing to launch a new filming incentive programme after a long lobbying campaign from the local industry. The figure being looked at is a 30% rebate and it’s expected within the next few months.
Datuk Seri Dr Rais Yatim is a Government minister and Kuala Lumpur’s Star newspaper reports he addressed a film seminar in the city yesterday: “The move is to encourage the filming of international movies in Malaysia and the growth of the local movie industry.”
The move is to encourage the filming of international movies in Malaysia and the growth of the local movie industry.
Datuk Seri Dr Rais Yatim, Malaysian Government minister
Magan Appathurai is with Biscuit Films in Kuala Lumpur: “It’s been a long time coming, so we’re very excited about this! We expect to have more news in the next few months.”
The new programme’s expected to require a local spend of around USD1.6 million to enable international projects to qualify. Malaysia could start drawing a lot more international attention within the next year as Pinewood Iskandar Malaysia Studios is scheduled to open a new facility in late 2013 outside Kuala Lumpur.
(Main page photo credit: Erwinkarim at the English-language Wikipedia)
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