The Jakarta provincial government has signed a memorandum of understanding with Goldfinch International Ltd to strengthen the capital's film industry. The signing took place in Cannes, France, on 14 May.
The Jakarta provincial government has explored film investment cooperation with Goldfinch International Ltd. The memorandum of understanding between PT Jakarta Experience Board and Goldfinch was signed at the Jakarta Pavilion during Marché du Film in Cannes, France.
Jakarta Vice Governor Rano Karno expressed confidence that the cooperation will open new opportunities for film industry development and deliver significant economic impact for the city. The scope includes information exchange, talent development, infrastructure building, and policy studies on film incentives.
Goldfinch Chief Operating Officer Phill McKenzie said Jakarta holds strong potential to become a film hub in Southeast Asia and Asia. The London-based company has invested in more than 300 film titles with over 300 million US dollars in capital and has experience in Qatar and Thailand.
