Five foreign companies interested to invest in the Malta films industry

The Government has received five applications from international companies and consortia to invest in the films industry in Malta. The Malta Films Commission said in a statement that they are:

  • Golden Zephyr LLC (The United States)
  • Island Productions (Italy)
  • Mediente Ltd. (United Kingdom)
  • Pinewood (United Kingdom)
  • SAFET SPA (Italy)
  • It was pointed out that 2015 will be a record year with a great number of films filmed in Malta that generated more than €100 million in the Maltese economy. An important element in the industry is the Kalkara films studios and it was this factor that prompted the Government in the past months to initiate a competitive process to attract investments in these facilities. An international expression of interest has now closed a few days ago.

    Films Commissioner Engelbert Grech said that in order to continue developing in a sustainable manner, the industry needs a studio with the latest modern facilities, including sound stages, something that the Maltese industry always needed. The project will make Malta much more competitive and will attract new productions.

    Tourism Minister Edward Zammit Lewis, who is responsible for the films industry, said that this important development shows that Malta is gaining a good reputation. He stated that a considerable number of international companies are recognizing the great potentiality of the films industry in Malta, and are therefore ready to invest millions of euro in the Kalkara studios. With this plan, he said that the country will have a stronger infrastructure that provides a better service to film companies. With the new investment, the studios will attract more films to Malta and generate far more jobs throughout the year.

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