Film industry

The Dominican Republic’s film industry has invested $248 million

Punta Cana, La Altagracia.

The businessman Felipe Vicini, president of the INICIA group, estimated that the The Dominican Republic is emerging as a viable destination in the film industry after taking advantage of what happened after the pandemic, where $248 million was invested last year in local productions. He advocated a film festival that would help strengthen the position we deserve in the world.

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

Highlighting the growth and consolidation of this industry, thanks to the Cinema Act, he valued the improvement of local personnel, which allowed productions coming from Hollywood to require less and less personnel and to use local equipment and labor. With great results.

film festival
The chairman of Lantica Media RD, the majority shareholder of the film production company, said the space gained by the country, the investment and the quality with which he works had been excellent, which would be enshrined by a festival of the movie.

Vicini asked the country’s investors to create more hotels and rooms in the Juan Dolio area without preventing the growth of Bávaro-Punta Cana.

He said his family has investments in sports teams in mainstream media; however, its greatest strengths are for infrastructure.