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DREAMWORLD (article first published : 2003-11-20)

Dreamworld Film City Ltd (Dreamworld) has been named the preferred finalist to establish a world-class film city in Cape Town. Dreamworld was shortlisted at the end of July following the submission of a business plan to the Provincial Government and City of Cape Town in early June.

Chairperson of Dreamworld, Anant Singh, said he was delighted with the news: “We are busy clarifying what is incorporated in the public sector's support package of the project and a clear understanding of this support and any conditions relating to this support obviously need to be fully understood by Dreamworld. We greatly look forward to working with the Provincial Government of the Western Cape, the City of Cape Town and other relevant public sector entities in delivering this project and commend Minister Rasool and Alderman Sitonga for prioritising the development of the film industry and the realisation of much needed film studio infrastructure.

"Dreamworld and all its partners are passionate about building a stronger film industry in this country, to being internationally competitive and to developing our amazing local talents. We want to bring the best producers in the world to the best facilities here in Cape Town and believe Dreamworld is the right option for the City and the Cape Province. We have worked on this studio development for more than five years and we know it works especially because all our partners are in the industry and understand the business. We are very excited about making the Dreamworld vision a reality and delivering what the industry needs to make this region a global player in the film industry."

Dreamworld's proposal incorporates a number of related components, which together represent a commitment in excess of US$61 million being operational at Faure, off the N2, by 2005. Phase one core components include eight sound stages, various production facilities, digital facilities and outdoor back lot areas. However, Dreamworld's offering incorporates much more than sound stages - they are committed to developing a complete "one-stop- shop" production facility which they say will help local producers clinch deals and will result in Dreamworld becoming the home of South African production.

The Dreamworld ownership structure comprises a formidable team that is completely appropriate to this development. South Africa's most acclaimed film maker in Anant Singh - Videovision Entertainment, significant local TV station in etv, and strong commercial and feature film production in Mike MacCarthy.




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