Iskandar Malaysia will see the participation of Pinewood Studios Group, the largest stage provider in Europe, with an investment of RM400 million. Pinewood Iskandar Malaysia Studios, a joint project between PineWood Shepperton of UK and the Malaysian Government Investment arm Khazanah Holdings. Located on 32 hectares of land in Iskandar Malaysia, Pinewood Studios will border Singapore and the new LegoLand. The studio is expected to generate an economic profit of RM1 billion over a period of eight years. It will open in 2013.
Pinewood Studios is best been known for its movies like James Bond, Harry Potter, Lara Croft, BatMan and Superman as well as other feature films, TV dramas, and animation films. Khazanah Holdings will be the major shareholder in the project. Once completed, Pinewood Studios Iskandar Malaysia is expected to create 3,000 direct jobs and potentially another 5,000 indirect jobs a year from the rising number of foreign films and television shoots. Pinewood Shepperton will be able to earn from any licensing thereof.
Pinewood Iskandar Malaysia Studios has appointed Australian film industry veteran Michael Lake as its first CEO. Lake was president of Warner Roadshow Studios in Australia for 17 years, and was also formerly the president of WWE Films and executive vice president of worldwide feature production for Village Roadshow Pictures Entertainment in the US.
Pinewood Studio complex will provide over 100,000 sq ft of film stages (ranging from 12,000 sq ft to 30,000 sq ft) and nearly 60,000 sq ft of TV studios (3 of them at 12,000 sq ft) plus a number of offices, workshops and post production facilities. The studio is set within a 700 acre site. Pinewood Studio is expected to attract foreign talents and will help strengthen the emerging creative industry in Malaysia and the region.
They say the show must go on. Do you want your own show too? Well, you can if you make a beeline to this wonderful studio that is marrying the best of the west and the resources of the east. Whether it is business, leisure or real estate investment, you will find it here. Get on the wagon now and head to Iskandar Malaysia Playground and chose your gem!