Malaysia confirms new location filming incentive for 2013
Malaysia will launch a 30% location filming incentive on January 1st 2013. The programme has been mooted for the best part of a year but was finally confirmed at a luncheon event sponsored by the 13th Asian Television Forum and ScreenSingapore.
International productions spending at least USD806,000 (RM2.5 million) locally will be eligible for the new Malaysia Production Incentive Rebate.
Afendi Hamdan is Chairman of the National Film Development Corporation of Malaysia: “Both local and foreign film productions, including feature films, animations, documentaries, television productions and commercials, will be eligible for a 30% cash rebate on audited in-country spending.”
Following the incentive launch in January 2013, Pinewood Iskandar Malaysia Studios is scheduled to open in May just outside Singapore.
Malaysia’s international profile is on the rise and 2013 is likely to be a big year for its production industry. Following the incentive launch in January, Pinewood Iskandar Malaysia Studios is scheduled to open in May just outside Singapore. The facility’s resources will include five stages, two TV studios and a ten-acre back-lot.
Further north near Kuala Lumpur is KRU Studios, a facility that currently specialises in TV and which is eyeing expansion to take advantage of the new rebate.
(Main page photo credit: Erwinkarim at the English-language Wikipedia. Kuala Lumpur image: Akira Mitsuda)
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