Tag: films

  • Malaysia Sets Sights on Foreign Films to Boost Employment and Attract Tourists

    Malaysia Sets Sights on Foreign Films to Boost Employment and Attract Tourists

    The exciting new TV series “Lord of the Flies,” produced by Sony Pictures and the BBC, marks another high-profile project under the Film in Malaysia Incentive, as shared by Datuk Azmir Saifuddin Mutalib, the CEO of the National Film Development Corporation. Filming took place in picturesque Langkawi, Kedah, late last year, according to reports from the state-owned media outlet Bernama.

    This production attracted over 30 young actors from abroad, alongside their parents and tutors, necessitating the rental of a major hotel in Langkawi for nearly five months. “In accordance with Fimi’s requirements, a substantial number of local crew members were also employed,” Azmir noted.

    Strengthening Local Talent

    The National Film Development Corporation is proactively addressing the increasing demand for local talent. By providing film production training to those in the tourism sector, the goal is to boost the local crew quota for foreign projects from 30% to 40% next year. “This initiative will not only create more job opportunities for Malaysians but will also fast-track skills development, exposing local talent to international production standards,” Azmir elaborated.

    Since its inception in 2013, the Film in Malaysia Incentive has approved a total of 128 projects—76 local and 52 international—with post-production subsidies surpassing MYR419 million (around US$100 million) and direct investments hitting MYR2.71 billion. Notably, Michael Bay’s Netflix action thriller “6 Underground” was the first to receive the 30% subsidy for visual effects, incorporating around 90 shots from a Malaysian-based company, as highlighted by Screen Daily.

    Emphasizing Competitive Edge

    Despite the intense competition from regional players like Singapore, Thailand, Indonesia, and the Philippines, Azmir remains confident in Malaysia’s unique advantages, including a skilled English-speaking workforce, economic stability, and an efficient permit approval process. “Malaysia offers attractive locations, cost-efficiency, and a production-friendly environment. We are building a comprehensive ecosystem—from talent training and modern tech utilization to post-production,” he stated.

    As part of a strategic initiative, there are plans to collaborate with Tourism Malaysia to use film as a means of marketing the country to potential tourists. “This partnership will not only promote Malaysia as a filming destination but also showcase our tourism offerings to global audiences through films shot here,” Azmir added.

    In an exciting recent development, Malaysia’s Skop Productions has joined hands with Hong Kong’s Mandarin Motion Pictures, renowned for the esteemed “Ip Man” franchise, signing a Memorandum of Understanding to strengthen their filmmaking collaboration. Azmir expressed that this partnership aims to expand markets, foster technology and skills transfer, and further enhance Malaysia’s reputation as a world-class filming location.

    With the waves of creativity rolling in, it seems Malaysia is not just aiming for the silver screen, but is set to shine brightly on it!

    Questions & Answers

    What is the main goal of the Film in Malaysia Incentive?
    The primary aim of the Film in Malaysia Incentive is to boost local talent and attract international productions, creating job opportunities and enhancing skill development within the film industry.

    How does the initiative plan to market Malaysia as a filming destination?
    By partnering with Tourism Malaysia, the initiative intends to showcase the country’s filming locations and tourism offerings through movies shot in Malaysia, thus attracting more tourists.

    What recent partnerships have been formed in the Malaysian film industry?
    Recently, Skop Productions from Malaysia and Hong Kong’s Mandarin Motion Pictures signed an MOU to strengthen their collaboration in filmmaking, enhancing Malaysia’s brand as a premier destination for film production.

  • Indonesia Offers Investment in Film Industry to China

    Indonesia Offers Investment in Film Industry to China

    Indonesia has offered an investment opportunity in the film industry to China with regard to developing national film industry.

    “We are offering 100 percent foreign ownership to support creative industry in Indonesia,” the head of Investment Coordinating Body (BKPM), Franky Sibarani, said at an Indonesia Business Forum on Thursday.

    He said Indonesia has the fourth biggest population in the world or 250 million population but the number of cinemas in the country totals only 1,100.

    The Indonesian government has revised the list of sectors not allowed for foreign investment and has opened investment opportunity of up to 100 percent foreign ownership in the film industry.

    The decision covers film making, distribution and exhibition or cinemas.

    When asked about interesting parties Franky said so far only South Korea that has expressed its interest while the US still has yet to study the policy.

    Regarding 100 percent foreign ownership he said that although foreign investment opportunity has been opened 100 percent “there is a provision requiring foreign parties to prioritize up to 60 percent national films. It would be better if our films could be exported.”

    Franky said Indonesian film industry must develop more professionally including in their making and distribution so that they can compete with foreign films.

    “We need investors to advance national film industry until it can export,” he said.

    Chinese film industry is growing quite well with the box office last year increasing 36 percent to US$4.77 billion supported by ticket sales for both domestic and Hollywood films.

    According to figures released on January 1 by the State Administration for Press, Publication, Radio, Film and Television Affairs (SAPPRFT) local film production raked US$2.6 billion in 2014.

    Although it has contributed successes in terms of production Chinese film production drops.

    In 2014 China produced 618 films down from 638 in 2013. From overseas sales their contribution has also declined collecting only US$304 billion last year.

    Critics have blamed tight censorship on films considered sensitive politically for reducing the worlds interest in local films.