NEOM, the sustainable region taking shape in northwest Saudi Arabia, announced today the formal operational opening of NEOM Media Village and Bajdah Desert Studios, which together comprise the country’s largest sound stages and film production support facilities, having supported some 25 productions over the course of the last 18 months.
NEOM also formally announced its 40%+ cash rebate production incentive scheme for feature films, TV (drama, reality, documentaries) and commercials, with producers able to secure a higher percentage based on their industry development contributions.