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