More than RD 1.8 billion will be invested this year to support Dominican cinema

The film industry is starting the year with good omens, as the Intersectoral Council for the Promotion of the Cinematographic Activity of the Dominican Republic (Cipac) announced at its first meeting of the year that the private sector will invest more than RD 1.8 billion to support Dominican film productions.

This meeting of Cipac, chaired by the Minister of Culture, Milagros German, was held at the Cinemateca Dominicana.

This achievement is a great milestone for the promotion of this important sector of the creative economy, and is due to the climate of confidence generated in investors by Cipac, an entity that regulates, manages and allocates with transparency and efficiency the resources destined to stimulate the national film industry.

It should also be noted that this year’s forecasts for the film industry in the Dominican Republic are very favorable, thanks to the facilities granted by the State, through Law No. 108-10, for the Promotion of Cinematographic Activity in the Dominican Republic, and the zero bureaucracy policy implemented by the government of President Luis Abinader.

Selected projects

At the meeting, 16 film projects were validated under the aforementioned law, including “El custodio de la Virgen”, “El conquistador del Caribe”, “El tiburón”, “Matininó”, “La corta vida de las flores”, “Melodrama”, “Jaime Colson: Renew or Die”, “Operations Morocco”, “The Conquest of a Prisoner”, “Tigueraje”, “La 42: The Street of Dreams”, “1988: The Rumor”, “One Wave at a Time” and “Exatlon 2022”.

About Cipac

The Intersectoral Council for the Promotion of Cinematographic Activity in the Dominican Republic (CIPAC) is an entity made up of 11 members from the public and private sectors, which meets once a year to make decisions concerning the development of Dominican cinematography.

In addition to the Minister of Culture, Milagros Germán, and the Vice Minister of Creativity and Artistic Formation, Giovanny Cruz, Cipac also includes the director of DGCINE, Marianna Vargas Gurilieva; the deputy legal director of the General Directorate of Internal Taxes, Yorlin Vásquez Castro, and the executive director of ProDominicana, Biviana Riveiro.

Also participating are the deputy general director of Proindustria, Cristian Lorenzo Ceballos; the vice-minister of Tourism Promotion and Development, Tammy Reynoso, and the representative of academic institutions, Ana Bélgica Guichardo.

Other members are the representative of film institutions, Zumaya Cordero; the representative of film distributors, Guillermo Asencio; the representative of film studios, Norman Herrero; and the representative of film professionals (Adocine), Hans García.

Source: Presidencia.gob.do

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