DR film industry invested US$248 million

Businessman Felipe Vicini, president of the INICIA Group, considered that the The Dominican Republic is establishing itself as a viable destination in the film industryafter taking advantage of what happened after the pandemic, where US$248 million were invested last year in local productions and advocated for a film festival which would help strengthen the place we are earning in the world.

The owner of Pinewood Indomina, the main studio for film production in the country, located in Juan Dolio, revealed that in 2021 the important investment of US$248 million in local productions that were made on Dominican soil, they also contributed 133,000 nights in hotel rooms, acquired for personnel of that industry.

Highlighting the growth and consolidation of this industry, thanks to the Film Law, he valued the improvement of local personnel, which has allowed productions that come from Hollywood to require less and less personnel from there and use local equipment and labor. , with very good results.

Film Festival
The president of Lantica Media RD, majority shareholder of the film production company, said that the space that the country gains, the investment and the quality with which it works has been excellent, which would be consecrated with a film festival.

Vicini asked the country’s investors to create more hotels and more rooms in the Juan Dolio areawithout preventing the growth of Bávaro-Punta Cana.

He said that his family has investments in sports teams, in traditional media, however his greatest assets are destined for infrastructure.

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