The Government introduced time-limited relaxation measures to the Film Production Financing Scheme (FPFS) under the Film Development Fund in mid-July 2020, with the objectives of encouraging more commercial investment in film production, increasing the number of local film productions in the short term and creating more development opportunities for local film practitioners during the COVID-19 pandemic. Having regard to the positive feedback from the sector, the deadline for application under the FPFS with relaxation measures will be further extended for six months to January 14, 2023.
"As the COVID-19 pandemic continues and remains volatile, Hong Kong's film industry is still facing difficult times. There is a genuine need to continue encouraging content and job creation. Since the launch of the relaxation measures, more than 40 applications have been received and 15 local film productions are being supported under the Scheme, demonstrating the effectiveness of the relaxation measures in encouraging film productions. The Government has already extended the application deadline three times. This further extension will drive more Hong Kong film productions, benefit the entire industry and promote the sector's long-term development," the Chairman of the Hong Kong Film Development Council, Dr Wilfred Wong, said.
Details of the relaxation measures and the relevant application form are available on the website of the Hong Kong Film Development Council (www.fdc.gov.hk/en/fpfs).
Ends/Tuesday, June 21, 2022
Issued at HKT 10:30