Investment bill favors building of creative studios

Investment bill favors building of creative studios

A draft bill submitted to public consultation on Friday aims at attracting investment on studios of all kinds – for movies, TV programs, videos, games and audio.

The bill deems such investments “strategic,” meaning that they will enjoy advantages, such as a stable tax regime over 12 years, favorable site planning terms and an accelerated permit granting process, which cannot exceed 45 days.

Alex Pissios, founder of Cinespace Chicago Film Studios, itself a branch of Cinespace Film Studios, a series of studio facilities founded in Canada by Greek-Canadian Nick Mirkopoulos, has expressed an interest in building film studios in Greece.

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