Singapore Firm Invests USD?10 Million in UP Film City
A Singapore-based firm, Vistas Media, submitted a proposal to set up a film academy over 20 acres, with an initial investment of USD?10 million, in the upcoming film city project. Piiyush Singh, Chief Executive Officer of Vistas Media, said, “Our plan is to establish a world-class film academy in UP’s Yamuna Expressway area, where filmmakers, actors, technicians, art directors, cinematographers and others from Hollywood will train and teach students. With this project, we aim to provide market ready professionals to filmmakers.” The Yamuna Expressway Industrial Development Authority (Yeida) said it will soon demarcate the area for the film city in Sector 21, along the Yamuna Expressway, and will allot 20 acres to Vistas Media. “The authority will ensure complete ease of doing business in the land allotment to the Singapore-based company that plans to set up a world-class film academy in film city project. Aspiring filmmakers, actors, technicians and others will get a chance to learn from the best in their fields at this film academy. We have received the proposal and will soon allot land as per the policy,” said Arun Vir Singh, chief executive officer, Yeida. The authority has asked the town planning department to start the process of demarcating the 1,000 acres for the film city in Sector 21, quite near the Noida international greenfield airport.
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