Gyeonggi Province Offers Diversity Movie Production Support of up to KRW 50M

Createdd 2018-10-30 Hit 333

Contents

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▶ Still cut of The Praying Man, supported in the first half of 2018
 
Gyeonggi Province and the Gyeonggi Content Agency (President Oh Chang-hui) are holding a contest for cinematographic productions as part of 2018 Second-Half Support for the Production of Diversity Movies. This is intended to increase the competitiveness of the domestic movie production industry, as well as to foster the growth of the local movie and video production industry.

Contest registration can be done via the Gyeonggi Content Agency’s Gyeonggi Film Commission website until November 12. For the regular category, movies are eligible as long as they are full-length diversity films that have a developed scenario, are expected to be produced soon, or are currently being produced.

For the special category, movies based on Gyeonggi Province or of which 70% was filmed in the province are eligible. For both categories, movies must have total production costs of less than KRW 1 billion and be on diversity (documentaries excluded) with expected completion dates prior to June 2019.

From a total fund of KRW 290 million, a maximum of KRW 50 million in support will be provided to productions selected as finalists via application review and presentation evaluation. Wages for production will be directly paid and, for other costs incurred, the Gyeonggi Content Agency will pay the service companies engaged by the production company.

An official from the Gyeonggi Content Agency’s Film Commission described this as a one-time event originally slated for only once a year, but went on to say that the decision was made to hold an additional contest for diversity and independent films so as to foster their growth in celebration of the seventh popular elections in Korea. He also emphasized that the commission plans to formulate a new program that will support independent films participating in international movie festivals abroad.

In 2017, the Gyeonggi Content Agency provided KRW 420 million to nine movies including Lee Hwan’s Park Hwa-young; in the first half of 2018, it provided KRW 550 million to 10 movies including Kim Hee-jung’s French Woman. In 2018, three of the supported movies, including The Praying Man, were featured at the Busan International Film Festival, demonstrating the success of the agency’s support.

For more information on Gyeonggi Province’s production investment support initiatives in the second half of 2018, visit the Gyeonggi Film Commission website (www.ggfc.or.kr) or contact the Film Industry Team of the Gyeonggi Content Agency at +82-32-623-8052.
 
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