Friday 16 March 2012

30% Production rebate for movies filmed in Malaysia

International and local movies filmed in Malaysia will be given a production incentive of 30% from this year, said Information, Communications and Culture Minister DAtuk Seri Dr Rais Yatim.

He said locally-made international movies, with a minumum cost of RM5mil while filming in Malayisa , would be entitled to the incentive while local movies would have to spend a minimum of RM2.5mil to qualify.

"The move is to encourage the filming of international movies in Malaysia and the growth of the local movie industry."

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