At ScreenSingapore/Asian Television Forum (ATF) today, Singapore’s Infinite Studios signed an MOU on a joint venture with Indonesia’s Screenplay Productions to produce a slate of six Indonesian theatrical features.

Aiming in the long term to build a library of films that will work commercially in and out of the Indonesian market, the partnership will start with this first slate of six films with a total budget of $4m. It plans to move forward with an average of six films yearly.

With facilities in Singapore and Indonesia, Infinite Studios boasts sound stages, backlot and post-production services that have worked for the HBO Asia for its original series Serangoon Road and original film Dead Mine. The company recently provided production services for the Jakarta shoot of Michael Mann’s upcoming action thriller Cyber and also collaborates with Eric Khoo’s genre label Gorylah Productions.

“We are now looking to get into content creation that will further benefit and sustain the movie industries in both countries,” said Infinite Studios chief executive Mike Wiluan [pictured]. “There is great potential for the Indonesian movie industry thanks to the deep talent pool and market demand which has not been fully tapped. We hope to produce movies with great production values that will fill this demand and have broad market appeal to not only the Indonesian audience, but also international audience.”

Screenplay Productions was established in 2010 under the SCMA Group which owns Indonesian channels such as SCTV and O Channel. Screenplay Productions’ credits include the TV drama Love In Paris and theatrical film Fallin’ In Love.