Singapore. The Indonesian Film Council, or BPI, and Southeast Asian Audio-Visual Association, or SAAVA, signed a memorandum of understanding at Marina Bay Sands Convention Center, Singapore on Thursday (30/11) in order to create regional creative producing and media investment network.
BPI is an organization whose tasks include organizing film events within and outside the country, researching the film industry, and facilitating the financing of local films. On the other hand, SAAVA is a Singapore-based regional non-profit network aiming to unite media producers and financiers in Southeast Asia.
“This collaboration will help expand and strengthen the network across the region, enabling filmmakers, financiers and distributors to share creative ideas and structure business deals with each other,” SAAVA president Chan Gin Kai said.
BPI chairman Chand Parwez underlined that the agreement represents Indonesia and Singapore’s key role in improving the region's cinema industry.
“Indonesia and Singapore have a long history in cinema as part of Southeast Asian golden triangle. This MoU is an important key for both countries to utilize their potentials and build a strong platform for the next generation of Indonesian, Singaporean and Southeast Asian filmmakers,” he said.
There are several key objectives in the agreement. Firstly, BPI and SAAVA will promote more co-productions between Indonesia and the rest of Southeast Asia through active participation in new and existing platforms.
Both organizations will also collect information on co-production case studies to create learning points and best practices.
In the business sector, they will educate investors on sound media investment methodologies, while at the same time teach producers about proper pitching and honest budgeting.
In addition, BPI and SAAVA seek to ensure more knowledge and skill transfer through workshops and masterclasses for filmmakers.
Lastly, there is a plan to develop accreditation process for key personnels that can be applied and recognized across the region.
The MoU was signed at the Southeast Asian Film Financing Forum (SAFF), a cornerstone event at the Asia Television Forum (ATF) and ScreenSingapore, held from Nov. 29 - Dec. 1 at the Marina Bay Sands Convention Centre.
ATF and ScreenSingapore are part of the Singapore Media Festival (SMF) series of events organized by the Info-communications Media Development Authority (IMDA).