Malaysia‘s National Film Development Corporation, known as FINAS, used a showcase session at Hong Kong FilMart on Tuesday to announce that the Malaysian government has approved a RM300 million ($76.5 million) allocation for its cash rebate program over the next five years – a renewal that the agency’s chief said cements the country’s position as a leading destination for international productions across the Asia-Pacific.
Datuk Azmir Saifuddin Mutalib, CEO of FINAS, told attendees at the “Malaysia on Screen: Powering Global Productions Through Incentives, Tourism and Creative Excellence” session that the rebate’s renewal follows over a decade of demonstrated results. Since the program’s launch 13 years ago, FINAS has disbursed
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