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Abu Dhabi Film Commission (part of twofour54) announces the launch of the region’s first incentive schemetwofour54, the media & creative industries hub and the Abu Dhabi Film Commission (part of twofour54), have launched the region’s first incentive scheme as it looks to accelerate Abu Dhabi as the first choice for international and regional producers needing location, production and post-production services. The scheme will be operational from September 1st. The incentive, in the form of a rebate of up to 30% of qualifying spend in the Emirate of Abu Dhabi, will be available for feature films, TV, documentary, advertising and music video production. The qualifying spend relates to goods and services sourced from Abu Dhabi and for relevant expenditure on location or studio filming and post-production. It will also cover costs relating to the contracting of any UAE registered crew and services for activities in Abu Dhabi. Temporary accommodation costs in Abu Dhabi, as well as airline tickets and freight booked on Etihad Airways, will also qualify for the rebate. With easy and direct access from all major destinations, modern efficient infrastructure, abundant world class accommodation, bi–lingual workforce and a global banking system, Abu Dhabi is ideally placed to support international and regional producers and their productions. twofour54’s position as the hub for the creative and production industries in the region also ensures that Abu Dhabi can deliver key industry infrastructure; a great range of diverse urban locations and landscapes, one stop shop providing prompt government services for all visa/permit requirements, experienced crew and equipment hire supported by state of the art facilities. These include 10 fully-HD studios up to 1,000m², 23 post-production suites and the region’s only Baselight colour grading facility. Already a number of recent productions have successfully shot with twofour54. The summer blockbuster The Bourne Legacy starring Jeremy Renner and Rachel Weisz and directed by Academy Award nominee Tony Gilroy for Universal as well as big budget Bollywood production, Oru Maru Bhoomi Khatha, by legendary Indian director Priyadarshan, Oru Kal Oru Kandadi a Tamil film by Manickavasagom and the BBC’s Wild Arabia. “Our new incentive scheme is unique in the MENA region and focussed on attracting international and regional productions to Abu Dhabi,” explained Wayne Borg Deputy CEO and Chief Operating Officer of twofour54 at the Cannes Film Festival where the scheme was launched. “This initiative reflects the culmination of our efforts to put in place all the key ingredients to reinforce our position as the regional hub and first choice, go-to place for producers. This is our commitment to the Film and TV production industry. We expect to accelerate production activity and in doing so fulfil our objective to further fuel the development of the regional media industry by providing the opportunity for Arab filmmakers, crew and production support companies to work alongside their international counterparts.” To learn more please visit www.film.gov.ae
About twofour54
An Abu Dhabi Government initiative, twofour54 is the Middle East and North Africa (MENA) region’s leading media and entertainment hub. twofour54's unique campus environment offers media and entertainment businesses the tools they need to succeed. These include 100% company ownership in a stable tax-free environment, facilitated business networking, easy licensing and business set-up services, broadcast and production facilities, and access to professional media talent and industry experts. 20.05.2012 | Cannes's blog Cat. : Abu Dhabi Abu Dhabi campus Academy Award airline Asia banking BBC Blink Studios Bloomberg Business Business C Sky Pictures Candidate Position Cartoon Network CEO and Chief Operating Officer Charisma CNN Contact Details Director East Africa Entertainment Entertainment Etihad Airways Financial Times Financial Times Fox Intl Channels Governor Human Interest Human Interest Jawaker Jeremy Renner Kal Oru Kandadi Labor Labor Major Maru Bhoomi Khatha Middle East North Africa PyraMedia Rachel Weisz SAE Institute Sky News Arabia Tahadi Technology Technology The Abu Dhabi Film Festival the Cannes Film Festival Thomson Reuters Tony Gilroy Twofour54 Ubisoft United Arab Emirates venture capital VERITAS Films Wayne Borg www.film.gov.ae FILM PROS
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