Hong Kong and Korea sign deal to boost film co-productions and creative work
Hong Kong and Korea have agreed a Memorandum of Understanding (MOU) to boost creative collaborations. Both regions are also building their international appeal, with Hong Kong having hosted the Transformers franchise and The Avengers: Age of Ultron filmed partly in Seoul.
“Hong Kong and Korea are ideal creative partners,” commented Gregory So, Hong Kong’s Secretary for Commerce and Economic Development: “We both value and take pride in the vibrant development of our creative industries.
“I believe there is a strong potential for greater collaboration between Hong Kong and Korea. This agreement will increase bilateral exchanges, bringing mutual benefits to the continuous growth and sustainable development of the creative economies of the two places.”
Mainland China already has a co-production filming deal with South Korea signed last year.
Both Hong Kong and Korea continue to attract larger international features. Filmmaker Christopher Nolan visited Hong Kong to shoot a key stunt sequence for The Dark Knight and more recently Michael Bay filmed in the city for Transformers: Age of Extinction.
“Hong Kong is an efficient place and a well-run city,” said Ilt Jones, Supervising Location Manager on the Transformers sequel, in comments to The Location Guide when the film was released in the summer: “You don’t need a car in Hong Kong as it has the best infrastructure. We scouted all over the city and Michael Bay said ‘Show me what’s cool’. He liked the variety and the international scope.”
Korea offers a filming incentive rebate of up to 30% and will get a profile boost with the release of The Avengers: Age of Ultron, which is likely to be one of the biggest movies of 2015.
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