26-01-2016

Georgia Set to Encourage Film Industry

By
    Tbilisi Tbilisi

    TBILISI: Georgia’s Prime Minister Giorgi Kvirikashvili will officially present the 'Film in Georgia' programme in Tbilisi on 26 January 2016, as the state is set to encourage the movie industry by expanding the 'Produce in Georgia' programme to film industry.

    'Produce in Georgia' was launched in June 2014, aiming to help the recovery of the local industry.

    In December 2015, the prime minister announced that the state would expand the 'Produce in Georgia' programme to hotel and film industries. The 'Film in Georgia' programme was launched in July 2015.

    "As for the cinema industry project, which is being created together with the Minister of Culture and Monument Protection of Georgia, the Government wants to encourage the filming of international movies and TV series in our country. This would create additional jobs and help the country develop more professionals in this field,” Georgia’s Economy Minister Dimitry Kumsishvili said in December, quoted by Agenda.ge.

    The tax incentives scheme launched at the beginning of 2016 offers a 20% cash rebate of qualified expenditure with an additional rebate of 2-5% based on the promotional value of the production.