Bringing Art and Creativity to Business
Since the implementation of the Film Rebate Scheme, the Economic Development Board (EDB) has approved and facilitated the completion of 73 film projects under the scheme, representing a total production expenditure of MUR 1.98 Billion. Some 2200 direct jobs have been created in this sector over the past five years.
Today, Mauritius is positioning itself as a competitive for the film dubbing segment. Some 250 voice-over actors are working in this segment of the industry. Every year some 30 aspiring cinematographers are being trained in the field of cinematography, lighting and sound under the National Skills Development program.
In view to bridge the skills gaps, the EDB is working with several stakeholders in the creative and technical field . In addition, the University of Technology has introduced a degree program in Film and Video Production for some 20 students who are aspiring film producers.
The Film Rebate Scheme is providing opportunities for the creation of a financial market for the film industry. Local commercial banks offer bridge finance (cash flow of rebates) to film producers. In 2017-2018 local banks have offered bridge finance for MUR 300 M to foreign and local film producers.
A full-fledge film studio project is to be implemented during the third quarter of 2018. The first phase development of the project will cost some MUR 1.4 Bn.
The main sourcing markets in terms of film producers are India, South Africa, Germany, USA, France, China as well as Mauritius (local producers).