Singapore has Funding

Singapore is set to be a center of finance for the Asian entertainment industry and $385 million is available for film, TV and games development across 13 funds run by private-sector operators.

"The Economic Development Board and the MDA are very generous in their approach to companies that have an interest in Asia. And they are very flexible in the way they allow you to structure the funds," says Ashok Amritraj, topper of Los Angeles-based Hyde Park Entertainment. "They have made Singapore a safe, clear haven in these crazy times."

The territory often has played second fiddle to Hong Kong, but Singapore has outpaced its Asian rival in the fund-management and investment-trust industry. So the development of specialty funds for an industry that has been set as a national-priority growth area seems a natural extension of that process.

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