Latest Breaking News On - Asean co production fund - Page 1 : comparemela.com

MANILA - The incentives granted by the Film Development Council of the Philippines (FDCP) to entice international productions resulted in PHP1.089 billion spent here last year. FDCP Chairperson Liza Dino-Esguerra told a Senate Committee on Finance budget hearing on Friday the foreign productions also generated jobs for 717 Filipino film workers during the pandemic. "What's good about these grants is there are exponential contributions to the economy, with a total of PHP1.089 billion production spent in the Philippines with the PHP125.9 million grants we awarded," Esguerra said. "We'll never stop hanggang matulungan natin na ang ating industriya ay makabangon (until our industry recovers)." Aside from 21 international project grants, FilmPhilippines incentives also granted PHP29.4 million to 50 local film projects. The incentives involve four programs, namely the Film Location Incentive Program (FLIP), International Co-Production Fund (ICOF), ASEAN CO Product

The philippinesLiza dino esguerraInternational coDear disaster emergency assistance relief programFilm location incentive programSenate committee onLabor departmentAsean co production fundFilm development council of the philippinesProduction fundFilm development councilSenate committeeInternational co production fundQuezon cityEmergency assistance reliefManila the incentives granted by film development council of philippines fdcp to entice international productions resulted in php1 089 billion spent here last year chairperson liza dino esguerra tolda senate committee on finance budget hearing friday foreign also generated jobs for 717 filipino workers during pandemic quot what 39s good about these grants is there are exponential contributions economy