Singapore sets up fund for 3D media industry growth
19/11/2008 16:47
The Singapore Government is setting up a fund of at least 10 million
Singapore dollars (US$6.6 million) to support the growth of the 3D media
industry over the next two years.
Lee Boon Yang, Minister for Information,
Communication and the Arts, announced the initiative at the opening of the
inaugural 3D Film and Entertainment Technology Festival in Singapore today,
saying the fund will support content projects, 3D infrastructure, production and
post-production facilities as well as training initiatives for 3D film makers
over the next two years.
In addition, Lee said a piece of land has been
earmarked for media infrastructure. This will be a private-public
endeavor.
"The government will provide the basic infrastructure and private
developers will be invited to build and operate the media support facilities,"
he said, adding that "We believe there will be growing demand for such
facilities from international content creators."
Xinhua
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