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Panama sees benefits of film industry incentives

Tuesday, September 24, 2013

A year after approving a film production incentives law, Panama is seeing the benefits in a boost for local productions and co-productions.

From 2000 to 2012, Panama’s average investment in foreign films was $2 million to $3 million every year, but the figure climbed to $23 million in 2013,” said Panama film commissioner Arianne Benedetti.

Private investors are also preparing a new studio complex in the first half of 2014.

Source: Variety