20-03-2015

Maltese Film Industry Gets 29 m EUR from Foreign Productions in 2014

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    VALLETTA: While approximately 29 m EUR were generated by foreign productions shot in Malta in 2014, this year Malta Film Commission will focus on attracting more foreign productions and restructuring the film fund. A historical agreement with China is also expected.

    "Our efforts this year will focus on promoting Malta as a good film location and restructuring the film fund in order to promote and incentivize more Maltese feature films, short film production for newcomers," Film Commissioner Engelbert Grech said at the launch of Malta Film Fund 2015 on 18 March 2015, quoted by Malta Today.

    In 2013 foreign productions shot in Malta generated only 5 m EUR. “The year 2014 saw the industry grow by 650%, which makes the industry one of the most successful economic niches of the year,” said Tourism minister Zammit Lewis.

    2015 is expected to be even better than 2014 as the government will spend 1 m EUR for the industry, aiming at further strengthening the sector and generating more opportunities for employment. More grants are also expected, as well as a historical agreement with the Chinese industry, which will be producing its first movie in Malta.