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Indonesia among film markets with most potential in Asia-Pacific: Producer

News Desk

The Jakarta Post

Jakarta  /  Fri, December 14, 2018  /  05:35 pm
Indonesia among film markets with most potential in Asia-Pacific: Producer

There is still room for improvement in the local film industry, particularly in terms infrastructure and quality of film workers. (Shutterstock/File)

The Asia-Pacific box office generated US$16 billion in 2017, an increase of 44 percent in the last five years, according to a statement.

Among all film markets in the region, Indonesia was considered the market with the most potential, as the country had seen the most significant growth.

That potential was discussed during the 2018 CineAsia, an annual film convention held in Hong Kong from Dec. 10 to 13.

Lifelike Pictures COO and producer Sheila “Lala” Timothy was among speakers in the discussion.

Read also: International film co-production not only about the money, Sheila Timothy says

“In the past four years, Indonesia’s film industry showed significant development ,with a 28 percent increase in the box office. In 2017, Indonesia was the world’s 16th-biggest film market,” said Sheila in a statement.

Sheila mentioned that the country’s large population, wide market and growing middle-income segment had contributed to Indonesia becoming the market with the most potential in the region. 

Sheila also shared that Indonesian fantasy film Wiro Sableng was the first Fox International Productions (FIP), a division of the Los Angeles-based 20th Century Fox Film Corporation, a co-production project in Southeast Asia, showing the potential of the Indonesian film market.

Sheila said there was still room for improvement in the local film industry, particularly in terms of infrastructure and quality of film workers. However, the country’s economic growth and increase in the number of film titles had allowed Indonesia to remain a potential film market. (jes/kes)

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