MUMBAI: The Malaysian Government has decided to give
a production incentive of 30 per cent to international
and local filmmakers who shoot their films in the country.
the incentive, information, communications and culture
minister, Rais Yatim said that locally-made international
films with a minimum cost of 5 million Ringgit shooting
their films in Malaysia would be entitled to the incentive
while local movies would have to spend a minimum of
2.5million Ringgit to qualify.
move is to encourage the filming of international movies
in Malaysia and the growth of the local movie industry,"
he has reportedly said. He also said the expenses of
the productions would be audited by relevant authorities
before the rebate is given.
Rais said that creative productions such as animation
and documentaries would also be entitled to an allocation
of RM120mil under the ministry's 'Creative Industry