ITL - Intercontinental Trust Limited
New York London Mauritius Hong Kong

Upcoming Hollywood blockbuster to be shot in Mauritius

 

As previously communicated to our readers in a past edition of our newsletter, the Government of Mauritius, through its investment promotion agency – the Board of Investment (BOI), is actively promoting the island as an attractive filming destination to international filmmakers. 

 

Several initiatives including the Film Rebate Scheme (FRS) have been implemented by the BOI and some very positive results have already emanated therefrom.

 

In fact, Steven Knight’s upcoming star-studded movie, Serenity, featuring Uma Thurman, Matthew McConaughey and Anne Hathaway as the lead cast, will be shot in Mauritius as from mid-July and is expected to be wrapped up by the end of August 2017.  This is a grand premiere for Mauritius as it is the first time that a Hollywood movie is being shot entirely in Mauritius.

 

The choice of Mauritius as the filming destination for Serenity was largely influenced by its attractive FRS which is available to both local and international film producers.  Under the FRS, film production companies are entitled to benefit from a rebate of up to 40% of the Qualifying Production Expenditures incurred in Mauritius.  In Serenity’s case, producers will be eligible for a refund of circa. USD 7 million.

 

For more information about the Film Rebate Scheme, please liaise with your usual contact person at ITL or write to us on info@intercontinentaltrust.com

image

ITL wins Corporate Finance Advisor of the Year 2016

ITL is pleased to announce that it has won the Corporate Finance Advisor Award 2016 at the 5th Annual Private Equity Africa Awards (PEA Awards) for the second year in a row. ITL wa...


Read more

image
image

News & Events

  • Index of Economic Freedom: Mauritius first in the Sub-Saharan Africa region
    30-04-2018

    The Heritage Foundation has released the Index of Economic Freedom for 2018. In this 24th edition of the international index, Mauritius is classified as the 21st freest economy out of 128 countries worldwide, and comes 1st among the 47 countries of the Sub-Saharan Africa region.   With an overall score of 75.1, Mauritius has improved by 0.4 points over last year, with improvements in the ar...

    Read More
  • Moody’s maintains Mauritius Baa1 credit rating
    30-04-2018

    Moody’s published its annual Credit Analysis report on Mauritius on 27th March 2018. According to this report, the internationally reknown credit agency maintains Mauritius’ very good performance rating of ‘Baa1’ and qualified the Mauritius’ economic outlook as ‘stable’.   This positive rating is based on the country’s strong growth perspectiv...

    Read More
  • FDI to Mauritius rises to MUR 14.2 billion in 2017
    30-04-2018

    The Bank of Mauritius (BOM) has recently released the foreign direct investment (FDI) statistics for the year 2017. Inward FDI to Mauritius has surged to MUR 14.2 billion, representing an increase of 4.4% compared to the previous year.   The sector attracting most FDI was Real Estate, which received MUR 8.8, representing 61.8% of the total FDI to the country and of which MUR 5.8 billion are...

    Read More
All News and Events ››
image
image