{"id":2492,"date":"2012-05-24T00:00:00","date_gmt":"2012-05-24T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvasia\/2012\/05\/24\/finas-offering-incentive-for-filming-in-malaysia\/"},"modified":"2012-05-24T00:00:00","modified_gmt":"2012-05-24T00:00:00","slug":"finas-offering-incentive-for-filming-in-malaysia","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvasia\/finas-offering-incentive-for-filming-in-malaysia\/","title":{"rendered":"FINAS Offering Incentive for Filming in Malaysia"},"content":{"rendered":"<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">CANNES: The National Film Development Corporation Malaysia (FINAS) is increasing its focus on the film industry as part of the newly unveiled &quot;Film in Malaysia&quot; incentive. <\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">FINAS revealed its new plans during the Cannes Film Festival and Marche du Film 2012. The &quot;Film in Malaysia&quot; incentive will apply to both local film producers and foreign producers using Malaysia as a location for their productions and post-production work. A 30 percent cash rebate on audited in-country spend will be offered to those qualifying for the minimum spend criteria of approximately $1.6 million for foreign productions and $830,000 for Malaysian productions. The rebate disbursement will start from February 1, 2013. <\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">     <span lang=\"EN-MY\" style=\"line-height: 115%\">Mohd Naguib Razak, the director-general of FINAS, said:<\/span>             <\/span><\/span><span style=\"font-size: small\"><span style=\"font-family: Verdana\">     <span lang=\"EN-MY\" style=\"line-height: 115%\">&ldquo;The Film in Malaysia Office and Incentive has been long overdue given that there is growing recognition that the talent pool and professional crew in Malaysia is vastly improving and we are host to a rich collection of locations and environments ideal for myriad filmmaking situations.&rdquo;<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CANNES: The National Film Development Corporation Malaysia (FINAS) is increasing its focus on the film industry as part of the newly unveiled &quot;Film in Malaysia&quot; incentive. FINAS revealed its new plans during the Cannes Film Festival and Marche du Film 2012. The &quot;Film in Malaysia&quot; incentive will apply to both local film producers and foreign &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-2492","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FINAS Offering Incentive for Filming in Malaysia<\/title>\n<meta name=\"description\" content=\"FINAS Offering Incentive for Filming in Malaysia . CANNES, May 24: The National Film Development Corporation Malaysia (FINAS) is increasing its focus on the film industry as part of the newly unveiled &quot;Film in Malaysia&quot; incentive. . 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