In an attempt to lureinternational film makers to shoot and produce their pictures in thecity-state, Singapore has announced Film In Singapore, a $5.8m (S$10m) fundingincentive set up by the Singapore Tourism Board (STB).
Under the scheme, filmmakers will receive a subsidy of up to 50% of the expenses incurred duringfilming in Singapore. The expenses that can be claimed include the hiring oflocal talent and production staff, the use of production facilities andequipment as well as airfares and accommodation.
To quality for the scheme,the film companies must have strong marketing, distributing and financingplans. The finished product must also showcase the unique elements ofSingapore. The funding will be distributed over three years to ensure film makersstick to the conditions of the scheme.
The scheme was announced onMay 21 during the International Indian Film Academy (IIFA) weekend which STBsponsors. India is a major target of the scheme - Indian director Rakesh Roshanwas named best director for sci-fi movie Koi Mil Gaya at the IIFA and hasexpressed interest to shoot his next film in Singapore.