Salleh: RM130 million fund to help Asean filmmakers

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KUCHING: Some financiers have made available funds amounting to US$30 million (RM130 million) to help Asean filmmakers, says Communications and Multimedia Minister Salleh Said Keruak.

He said these financiers were from the Asean International Film Festival and Awards 2017 Biz World also known as AIFFA.

The minister said this was a far cry from the old days when so many promising filmmakers had to go from one bank to another seeking funds.

“This process alone can kill their creative spirit or make the writers and directors compromise to the extent that they no longer recognise their work.

“As such, I’m indeed delighted that such a facility (fund) is available today at the AIFFA 2017, which coincides with the 50th anniversary of Asean.

“It reflects maturity in our regional growth where the creative aspects of life have come to be as important as socioeconomic development,” he said when officiating the AIFFA 2017 Biz World here today.

Salleh said the AIFFA Biz World was essentially a gathering of minds in collaboration with various film business activities.

“There are talks, networking and collaboration, sharing of experiences during production and exhibitions. Most importantly, for the first time now, there are financiers available,” he said.

Salleh also expressed hope that Malaysians and filmmakers from Asean countries would make use of the AIFFA Biz World effectively.

“There must be a steady stream of high-quality content which will feed the appetite of 600 million consumers from the 10 Asean member countries.

“…and with the reach of social media, quality content will go beyond our Asean borders to reach the world and billions of other people,” he said.

The minister also witnessed the signing of two memorandums of understanding.
The first was between the state Ministry of Tourism, Arts and Culture and film producer Guangdong Juno Film and Television Company Limited, China, for a movie to be shot partially here.

The second memorandum was between the Southeast Asian Audio Visual Association (SAAVA) and AIFFA for filmmaking financing.