European and Latin American participants at the second annual AL-Invest conference forged four co-productions during the event, organised by Brussels-based Jose Luis Escudero of Intercommunicacion, Belgium.

The meeting between European and Latin American producers, that coincided with the 5th Buenos Aires International Film Festival of Independent Cinema, matched around 30 European film companies with 120 Latin American projects.

While many of the European delegates hailed from Spain other countries were represented in numbers including Denmark, Sweden, France, Ireland and Germany.

The co-productions include Como Mariposa A La Luz between Spain's Benece Productions and Jose Antonio Ciancaglini of Argentina and to be directed by Diego Yaker and Promedio Rojo, between Spain's IJV Comunicacion SL and Chile's Sobras Producciones for an untitled feature to be directed by Nicolas Lopez.

Spain's Galicia Filmanova and Brazil's Oficina de Imagen e Cinema are also getting together for documentary series La Sombra Del Condor to be directed by Spaniard Ivan Valdevidia.

Lastly, Spain's Adivina Producciones and Argentina's Lesco Films are joining forces for, Reunidas Junto Al Agua which will be directed by Mario Tondato.

The AL-Invest programme, first launched in 1994, has become a vital tool in fostering business between Europe and Latin America. At last year's AL-Invest, participants closed accords valued at $6m. The three-day event consists in meetings between the European and Latin American delegates to discuss co-production possibilities and other forms of establishing links between their film industries.