New film studio to be built in South Korea
Construction of a new film studio complex has been greenlit in the South Korean city of Busan. The facility is set to feature three stages (two indoor and one outdoor) and a state-of-the-art post-production facility.
Busan is already home to some of Korea’s biggest production facilities in the Busan Cinema Studios, and the Busan Cinema Centre, which hosts the Busan International Film Festival.
The country’s ministry of culture and sport has set aside £3.8m from their film development fund to aid in the building of Busan’s new complex, hoping to increase the already rising amount of Chinese productions that have already been filmed in the city. The Korea-China co-production Meet Miss Anxiety and My New Sassy Girl featuring Chinese K-pop star Victoria Song both had the lion’s share of filming in and around Busan.
The port city has also caught Hollywood’s eye as Bombing of Chongqing, a U.S.-China co-pro feature starring Bruce Willis and Song Seung-hun, is currently in development at Busan's Digital Bay, one of Asia's primary virtual studios.
The building of the new production centre is scheduled to begin in 2017 and is anticipated to take two years to complete.