3min chapter

The Intelligence from The Economist cover image

You bet your dollar-bottomed: Erdogan’s next gambit

The Intelligence from The Economist

CHAPTER

Is the Soudy Government Going to Do This at a Loss?

Soudi arabia is offering cash rebates up to forty % of production spending for people who come to shoot feature films there. The government hopes that by offering these subsidies, you help to spark and industry which generates lots of miny sub industries. I think it's likely the country could break even if these big subsidies convince enough people to come to really set off a new industry. It depends how well the films do. If these are huge hits, then it could work out. From saudraba's point of view, i suppose the country could make money on this in the first instance. Theyre stumping at money as an investment with an eye on the future.

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