Cinematography Studios will Promote the Dominican Republic’s Image

VICINI GROUP INITIATED CONSTRUCTION IN THE PRESENCE OF PRESIDENT LEONEL FERNANDEZ

Jhonatan Liriano, jhonatan.liriano@listindiario.com
Listin Diario. February 24, 2011.

Yesterday, without any doubt, Dominican cinematography joined the world’s movie industry.

With a symbolic first shovel by President Leonel Fernández, the Vicini Group, associated with the prestigious British Pinewood Shepperton studios, producers of movies such as Batman, Harry Potter, James Bond and Slumdog Millionaire, initiated construction of the first cinematography complex in the Dominican Republic, immediately acknowledged as the most important within the Caribbean and Latin America.

Pinewood Indomina Studios will be built in Juan Dolio, and will start its operations during the first months of 2012, arising from the incentives provided by the National Movie Law and the socioeconomic perspectives for the country and the region. “This combination means quality, it means to develop an entertainment industry, a cultural industry, an industry that linked to tourism is destined to transform the international image of the Dominican Republic”, stated President Fernández in his appraisal of the project that will be managed by Indomina and Pinewood.

He reckoned that through this initiative the nation may define its “country trademark” to promote its touristic appeal.

The president presided the ceremony to initiate construction together with the British Ambassador, Steven Fisher; Felipe Vicini, executive president of the Vicini Group; Ivan Dunleavy, executive president of Pinewood Shepperton; and Jasbinder Singh Mann, executive president of Indomina Group. Also present was the first lady, Margarita Cedeño de Fernández,

Vision

Vicini Group’s executive president guaranteed that the new cinematography studios will promote important sectors of the local economy such as the entertainment and real estate industries, in addition to providing new employment opportunities in several technical fields.

Felipe Vicini, expert in the seventh art, commented that Dominican artists can consider Pinewood Indomina Studios as their home (at this time, Alfonso Rodríguez and Ángel Muñíz smiled conspiratorially). “It will be ready to collaborate in the development of this sector, which in previous years has given signs of professionalism, quality, dedication, and innovation”, stated Vicini adding that they are committed to promoting Dominican cinematography culture.

About Indomina

Indomina is a company in the Real Estate and Tourism portfolio of assets managed by VICINI. The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Pinewood Indomina Studios an Industry that Moves Emotions in the Country

Pinewood Indomina Studios An Industry that Moves Emotions in the Country

San Pedro de Macorís.  With the reading of Psalm 8, Monsignor Francisco Ozoria blessed the formal commencement for the construction works for Pinewood Indomina Studios, the first movie studios in the country.

The symbolic act was headed by President Leonel Fernández and his wife, Margarita de Fernández.

This great project will take effect thanks to Grupo VICINI and Pinewood Shepperton Film Studios from the United Kingdom. Prior to the act, the attendees, among them politicians, businessmen, ambassadors and people linked to the film industry enjoyed the Djazz Band and refreshing cocktails. Further on, images were screened of what the film studio will be, according to projections it will be ready in one year’s time. Also, statements were heard from people speaking about the good of the project.

President Leonel Fernández, Felipe A. Vicini, the First Lady, Margarita de Fernández, Jasbinder Singh Mann, CEO of Indomina, and Ivan Dunleavy, CEO of Pinewood Shepperton Studios, signed an allegoric film reel, which will form part of the studio façade.

Last Wednesday morning was a special day for Grupo VICINI because its chairman, Felipe A. Vicini, when referring to the project manifested that “these studios constitute the materialization of one the most relevant initiatives of the national economy, given that it will develop both the entertainment and real estate industries”.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

Movie Tourism?

Movie Tourism?

Movies and business have something in common. Both incubate dreams and inspire change in personal behavior. But the recent inauguration of the cinematographic park Pinewood Indomina in Juan Solio does not involve a great integration among them. Though the tourist’s dream may be “seen on TV”  when they anticipate the goodness of the chosen destination, the true transcendence of this park shall be its exceptional contribution to the modernization and the internationalization of the economy.

Since movies are a universal pastime that appeals to everyone on the same level, developing countries can now aspire to rely on their own production capacity. Cuba, for example, has issued enormous efforts to develop that capacity; though today the lack of resources keeps it somewhat vague. The quantity of resources that film production requires has determined that, in Latin America, this has been a monopoly of the great economies in the region (Argentina, Mexico, Brazil). But these have not yet achieved to equip their productions –quality-wise- at the same level that superpower countries have.

President Fernández intervened at the launch event for the park, to make remarks on this historical occasion. He pointed out as main contribution to the possible linkage of the film compound to the tourist development. His message was that Pinewood Indomina will attract more tourism by way of the celebrities whom will visit and work in the country, and the properties that foreign executives within the industry could purchase here. They, sans doubt, will become allies in national tourist production by diffusing the attractions and other seductive aspects of the country.

President Fernández’ remarks were correct. To feature a productive compound of this type strengthens the tourist image of the country. But neither the image nor real estate sales will be the main contribution of the compound. The films that will be produced at Pinewood Indomina Studios will use national locations, but the main footage to be filmed will be done on-site at the studio. Regarding property purchasing, the public will need to remember that foreign actors will be in the country for a limited time, and experience has shown that not necessarily will they purchase a residence. Here is where those benefits will be marginal, and will not impact our tourism significantly.

What really needs to be emphasized is that the project introduces the country to a modern époque with scarce comparison in the Third World. However, movies represent a supreme emblem of development in affluent countries, the most transcending aspect, is its introduction to a “Cultural Industry”, a productive art that is proper of the most advanced economies. There will necessarily be a “demo effect” that will impact locally via the adoption of world-class standards practiced by the studios.

Making movies is a bewitching art, that captivates all mankind, due to being a unparalleled means of communication. It allows spectators to examine their own lives in function of the told stories, and that brings along a type of sublime reflection. Film does not just channel artistic expression, but causes a useful introspection of the subject, whom can change his imagination and his life.

In the forge of the creativity and modernity represented by Pinewood Indomina, the predominant element will be foreign actors as directors and foreign technicians. However, the locals whom have produced “footage” within a context of scarce resources will also be integrated to that workforce. Another important part of the project will be the development of specialized workers in the “set” creation will be counted by the hundreds.

Amen to establishing an institutional infrastructure, which will promote the film industry, this legislation also will institute benefits for the local film production companies, that include tax exemptions, a fiscal credit of 25% which will transferrable to eligible expenditures, and financing by a government fund. There is hope after all for local productions to make that leap of faith, similar to the one that took place since “La Silla” (The Chair), first Dominican film, all the way to “Lotoman”.

And, via the cinematography studies school that the project will install, national talent capacity will build up gradually.

In order for the aforementioned to be concretized, two great wills joined forces. The President of the Dominican Republic was distinguished amid the activity for his determining participation in the approval process of the new law. Also, his militant and enthusiastic support to the VICINI Group initiative was reported; the national investors, whom were making lines with Pinewood Indomina on-site. On their end, The Group should be recognized for their avant-garde initiative among the national investors. Though sugar is preserved as their main line of business, they are diversifying their investments with modernizing activities.

Now it will be a matter of waiting to avoid what happened in Macondo to happen again, as narrated by President Fernández, the first time its citizens were introduced to film. After the protagonist in the film had died, the people cried inconsolably and mourned deeply. When a second film was screened featuring the same actor, the Macondo felt humiliated, because they had been lead to believe the previous had died. The result was the burning of the screening room upon proving that their affection had been in vain.

At the end, the inauguration of the park, brings to the table that old testimony once made by the late Director of the Listín Diario Newspaper, Rafael Herrera, whom said that “Dominicans had a dessert economy”, because back then, we depended on coffee, cacao and sugar. But with the taking off and eventual expansion of the film industry, we would have to say now that we have “an economy of dreams (movies, tourism and visas (remittances). Luckily, dreaming is still free of charge.

…. The real transcendence will be their exceptional contribution to the modernization of the economy.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

Certified that Port Sansouci Meets All Norms

Certified that Port Sansouci meets all Norms

The Dominican Port Authority (Apordom) and the Specialized Port Safety Core (*Cuerpo Especializado de Seguridad Portuaria –Cesep), delivered yesterday to Group Sans Soucí, a certification that that credits the port of Sans Soucí as a terminal that complies with all procedures established in the International Protection Code of Vessels of Port Facilities (PBIP).

The delivery was made by Mr. Ramón Rivas, director of Apordom, and deputy admiral Juan Ramón De la Rosa, of Cesep; to Lisandro Macarrulla, member of the Executive Committee of Groups Sans Soucí, of the Santo Domingo Este municipality.

The ceremony took place within the premises of the abovementioned group, located in the Port of Sans Soucí, of Santo Domingo Este municipality. “The ports represent for the economy and the development of our nation a key piece, which is practically irreplaceable”, expressed Rivas upon addressing the main speech of the event.

He said that Terminal security is a fundamental priority, which is not under discussion nor is optional, but is priority and duty. Macarrulla stated that the Sans Soucí Group works to achieve quality levels.

About Sansouci:

Sansouci is a company in the Real State & Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

A Groundwork that will Make History in DR Cinema History

A Groundwork That Will Make History in DR Cinema History

Juan Dolio. Joined by President Leonel Fernández and the First Lady, Margarita Cedeño de Fernández, executives from VICINI and Pinewood Shepperton, gave the first piebald to formally commence the construction of the Pinewood Indomina Studios in Juan Dolio, San Pedro de Macorís.

The project is the result of the merger on behalf of VICINI, throughout Indomina Group, one of its companies, which is focused on the entertainment industry, alongside Pinewood Shepperton Studios.

Felipe A. Vicini, executive chairman for VICINI, expressed his satisfaction of working together with Pinewood Shepperton, a leading provider of studios and services related to movies and television worldwide.

1)     Manuel Díez Cabral, Julio Brache, Franklin Polanco and Anibal Acevedo Vilá.

2)     Manuel Corripio and Felipe A. Vicini. 3) Eulogio Santaella, Juan Yermenos and Luis José Asilis.

INVESTORS WHOM WERE PRESENT AT THE ACT

The act was presided by project investors, among them, Jasbinder Singh Mann, CEO of Indomina Group, Felipe A. Vicini, executive chairman of VICINI, and Ivan Dunleavy, CEO of Pinewood Shepperton PLC, one of the greatest representatives of world cinema.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Most Modern Cinematography Studios in Latin America to be Built in the Country

 

Film makers state this project will benefit national movie making.
By Cynthia Abréu

San Pedro de Macorís. As a result of the collaboration agreement subscribed between the entrepreneurial group Vicini and cinematography studios Pinewood Shepperton from the United Kingdom, yesterday were inaugurated the construction works of Pinewood Indomina Studios, the first movie studios of the Dominican Republic and the largest and most modern of Latin America.

As was explained by Felipe Vicini, this work constitutes materialization of one of the most relevant initiatives of the local economy, since it will develop the entertainment and real estate industries and will generate new employment opportunities.

The executive vice president of the Vicini group stated that the recent approval of the Movie Law, with fiscal incentives, promoted Indomina’s association with Pinewood with the goal of developing the entertainment industry throughout Central America and the Caribbean.

New opportunities. Jasbinder Mann, president of Indomina Group, indicated that the construction of the studies will directly benefit local movie makers providing the opportunity to implement new technologies in their productions.

In addition, young people recently involved in the world of movies will benefit academically.

Ivan Dunleavy, executive president of Pinewood, asserted that his company strategically looks at regions where a significant growth is expected to take place in the movie industry as is the case of the Dominican Republic.

Concurrence. Before this initiative that places the country in the cinematography world at the global level, Dominican movie makers interviewed by ¡Alegría! acknowledged that the studios are the result of hard work without which the local entrepreneurs would not have been able to achieve it.

Alfonso Rodríguez believes that the approval of the Movies Law has made possible for the country to have one of the most complete studios of the region providing opportunities for foreign investment and capitalization of the local product.

Ángel Muñiz emphasized that from now on the history of local movie making will be written with a different ink. “The efforts of the movie makers and of families such as Corripio, Bonetti and Vicini, who believed in our ideas, has made possible for the country to become part movie history”.

A little more on Pinewood

Pinewood Studios Group is a leader in cinematography and television studios and related services. This British company owns studios located in Toronto, Berlin, and Iskandar. The fourth will be the one built in Juan Dolio, in the eastern part of the country.

Key

1.   Juan Basanta

“With the construction of the Pinewood Indomina Studios I believe that now Law 108-10 (Movie Law) has been taken seriously. For Pinewood it may be a little step but for the country and movie makers it is a concrete and firm step.”

2.   Leticia Tonos

“This work will stimulate creation of local movies, since Indomina will allow Dominicans who make movies to work with high standards of quality and greater professionalization.”

3.   Fernando Baez

“We are looking at the beginning of the true cinematography history with the construction of the first great producer of movies in Latin America with headquarters in the country. Everything that the local movie production will experience from now on is the result of the long awaited and fought for Movie Law.”

About Indomina

Indomina is a company in the Real Estate and Tourism portfolio of assets managed by VICINI. The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

Pinewood Indomina Studios

Pinewood Indomina Studios

The Chairman of Indomina Group, Mr. Jasbinder Singh Mann, President Leonel Fernández, Felipe A. Vicini, Head of VICINI and Ivan Dunleavy of Pinewood Shepperton Studios, broke ground to formally commence the development of the first three film studios under   Pinewood Indomina Studios, in the community of Juan Dolio with an investment surpassing USD$50M. Pinewood Shepperton has filmed productions of caliber such as James Bond, Aliens, Batman, and Mission Impossible, among others.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

 

Pinewood Shepperton – Announcement of Pinewood Indomina Studios

* Reuters is not responsible for the content in this press release.
Wed Feb 23, 2011 7:00am GMT
RNS Number : 6589B, Pinewood Shepperton plc
23 February 2011

Announcement of Pinewood Indomina Studios covering the growing Caribbean, South and Central American Markets.

The Company has entered into a long term agreement with the Indomina Group, an investment managed by VICINI, a leading asset management company with investments in food and beverages, retail, energy, finance, tourism and real estate in the Caribbean and Central America.  The agreement is for the operation of new film and television studios to be built in the Dominican Republic. Pinewood will receive annual fees for its sales and management services and an equity participation which accrues over time from 2013.  The construction will be funded by the Indomina Group. This new venture, ‘Pinewood Indomina Studios’ is expected to commence initial operations in 2012. 

The state of the art film and television production facilities will initially comprise 5,000 sq m of sound stage space along with 15,000 sq m of associated production support facilities. The 35 acre site will include an 8 acre water effects facility including a 75m x 75m exterior water tank with natural ocean horizons, blue screen capabilities and a fully equipped diving and marine department.  When completed it will be the only tank of its type and size in the region.

Construction of the Studios starts today (23 February 2011) with the ground breaking ceremony by the President of the Dominican Republic, Leonel Antonio Fernández Reyna.

Ivan Dunleavy, Chief Executive, Pinewood Shepperton plc said:

“This represents further progress in Pinewood’s strategy to leverage the strength of our brand internationally and specifically to the growing Latino film and television market. The Pinewood brand stands for excellence in the global film industry and we have strategically targeted regions of the world where significant incremental growth has been forecast.”

About Indomina

Indomina is a company in the Real Estate and Tourism portfolio of assets managed by VICINI. The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Enquiries:

Pinewood Shepperton plc

Ivan Dunleavy – Chief Executive                   +44 (0) 1753 656 732

Brunswick Group LLP

Tom Buchanan/Oliver Hughes                       +44 (0) 207 404 5959

For more information please visit:

www.pinewoodgroup.com

www.indomina.com

www.vicini.com

Disclaimer:

Neither the content of the Company’s website nor the content of any website accessible from hyperlinks on the Company’s website, nor any other website, is incorporated into, or forms part of, this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.

This information is provided by RNS
The company news service from the London Stock Exchange.

Source:  Reuters

World Class Film Studio Begins

World Class Film Studio Begins - Indomina

President Leonel Fernández, executives from Grupo VICINI and of the film companies Indomina and Pinewood, gave the first piebald yesterday, thus formally beginning construction of a world class studio that will produce and distribute films, whose cost for the initial stage is USD$50m. the work is scheduled to build on its initial phase, in 18 months time.

JUAN DOLIO, SAN PEDRO DE MACORIS. President Leonel Fernández, representatives of VICINI, and of the companies Indomina and Pinewood, gave yesterday the official first piebald for the construction of a world class film studio which will produce and distribute movies, whose initial cost is USD$50m. Speaking amid the act, President Fernández said that one of the economy pillars in the country for the last 30yrs has been tourism, and if combined with the film industry, it will transform the international image of the Dominican Republic.

He assured that the installation of the studio will attract world celebrities from the film world whom will invest in a second home in Dominican soil and will become diffusers of the attractions and goodness of the nation. He manifested that the combination of film and tourism will help create a country brand, which will turn the Dominican Republic in an attraction for many.

Fernández wished success to the entrepreneurial trilogy, which he states, is a synonym of quality and development of the project which will be ready for beginnings of 2012.

The ruler explained that the country has already undergone experience in the production of national movies and in the filming of international productions such as are: The Godfather II, Apocalypse Now, Pirates of the Caribbean, among other.

The British company Pinewood Shepperton is responsible for producing films such as James Bond, Aliens, Batman, Mission Impossible, Pirates of the Caribbean, Harry potter and other films for the big screen and television. Fernández manifested that despite the local productions and the use of the Dominican Republic to film footage, there was still a legal instrument that would allow a greater development of the industry, and that after discussions between artists and lawmakers were held, the Cinema Law was approved.

He explained that this legislation established juridical warranties for film investments, containing fiscal incentives and other attractions that will motivate large-scale producers to see the nation as an attraction point for their investments. He sustained that asides the legislation, they managed to conquer Grupo VICINI to assume the project, and he trusted in the success of the investors.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Hoy

Filmmakers Salute Development of Pinewood Studios

vicini-indomina-Filmmakers-Salute-Development-of-Pinewood-Studios-300x199

SD. The partnership between VICINI and the famous British film studios Pinewood-Indomina for their development in the country, will serve as platform for the Dominican Republic to become an attractive scenario for Hollywood film producers and elsewhere worldwide, due to the facilities offered by the Cinematography Law that will regulate the matter.   

Filmmakers Ángel Muñiz, José-el Ché- Castellanos and Alfonso Rodríguez, each issued their comments separately.

For Director Ángel Muñiz, it is about a step forward for the country. “Supposedly, the studio that the Vicini are developing is to add facilities for the filming of blockbuster projects. They want to turn Dominican Republic into Canada or India or something like that for film production. They are overseeing that in the Caribbean there exists and option and that also the Eastern region of the USA has access to this area, at the moment when these ambitious projects begin filming”, he said.

“I think it is very good for the film business, because regardless of what gets to be done here, this will place us in the world map. I understand they will also build a Film School here. So, Dominican technicians will be able to get jobs”, he explained.

For José-el Ché- Castellanos, the greater beneficiaries of the studios that VICINI will install in the country, on Km. 17 of San Pedro de Macorís, will be foreigners.

“It will be a venue for them to use for filming their cheap movies”, he commented.

Alfonso Rodríguez considered that the initiative will be the best thing to ever happen to the country. “This means that quality will be assured for international productions to set up here, which will benefit with, for example, with USD$250K per every million dollars they invest in the film. Our technicians will have job opportunities, and we will able to accrue experience with such a prestigious firm as is Pinewood Studios. This I applaud and salute at the top of my lungs”, said Rodríguez.

About Indomina:

Indomina is a company in the Real State and Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre