IFB Fund Supported

According to Screen Daily the Irish Minister for Arts, Sport & Tourism, Seamus Brennan, has agreed to an additional funding of €2 million for the Irish Film Board's International Production Fund, which has attracted more than €60 million worth of production into Ireland over the past two years.

Making the announcement the minister said, "There is now more than ever greater global competition in securing film and television production. Ireland holds its own thanks to our talent pool and incentives. In the short term, this additional 2 million will allow the Film Board to go aggressively into the market and seek to secure further prestigious projects over the coming months. Our target must be to match, or even surpass, the achievements last year when a similar 2 million investment towards the end of 2006 delivered film and TV production activity in Ireland that amounted to 32 million."

Alluding to the current review of Ireland's international competitiveness the minister further pledged that he will work with the Irish Film Board and others to shape policies and incentives that will allow Ireland tap further into international investment in film and television production.