Rebirth of England.

Chapter 763: Location Selection for Shadow Capital
"At present, our Oriental Movie Metropolis project has been in-depth contact with the local governments of three cities, including Tianjin, Dalian and Qindao. Among them, Qindao is the most sincere, and other conditions there are more suitable than the other two cities..."

While Barron was sunbathing in shorts, he listened to Li Lu talking to him on the phone about the Oriental Movie Metropolis project.

Some of this content was also mentioned in the email that Tianhe Capital sent to him before.

The reason why I prefer Qindao at present is not only because of the positive attitude of the local government, but also because Qindao has more similarities with Hollywood in the United States in terms of geography and climate - both are located around 35° north latitude, have similar climates, long sunshine, and are both coastal cities...

According to Li Lu, in order to realize the Oriental Movie Metropolis project, Qindao was able to offer a total of 400 plots of land with a total area of ​​nearly 16 million square meters on its west coast, and sold them at a relatively low price to Tianhe Oriental Movie Metropolis Group, a joint venture company specially established to implement the Oriental Movie Metropolis project, which was jointly funded by Tianhe Capital, Marvel-MGM Studios, Blue Valley Capital, Grace Culture Tourism Group and Cavendish Trust Fund.

Among these 16 plots of land, there is an island called "Xingguang Island" that Qindao plans to create through land reclamation.

For such a large area, Tianhe Oriental Movie Metropolis Group only needs to pay 21 billion Chinese yuan to the local government.

Through the information, Barron knew that the plot of land provided by Qindao was in the same location as the plot of land for the film and television project invested by Yida Group in his previous life, but it was larger than the film city of Yida Group at that time.

This is not surprising. First of all, the local people of Qindao originally had the idea of ​​developing the cultural and tourism industry on this land. Barron had also heard about it in his previous life. The Yida Group's Film City project was originally considered to be located in Dallion, but it finally chose Qindao.

In addition, apart from this place, Qindao is not without other plots of land of comparable size, but the surrounding areas of those plots of land are relatively mature and have long been held in the hands of some powerful people in the local area, and they are definitely not willing to give them up.

The west coast area of ​​Qindao, close to Jiaonan, is relatively "remote" and has not been purposefully hoarded by anyone before, making it relatively more convenient for cooperation with Tianhe Oriental Movie Metropolis Group.

"Although these plots of land are relatively undeveloped and a little far from the center of Qin Island, this is not a big problem. In addition, there are mountains and seas here, and the landforms are rich, which is more suitable for the construction of the Film City..."

Li Lu said to Barron:
"Qindao promised that if the project is implemented, they will plan a new subway line that passes through most areas of our film city, so that transportation will be more convenient..."

In addition, two of the 16 plots of land belong to Jiaonan City, but Qindao promised that after Tianhe Oriental Movie Metropolis Group acquires these two plots of land, they will soon be incorporated into Qindao's Huangdao District...

More importantly, Qindao is also willing to provide necessary policy support for the Oriental Movie Metropolis project. For example, they are willing to work with Tianhe Oriental Movie Metropolis Group to each contribute 50% to establish a special fund for the development of the film and television industry with a first phase scale of 50 billion Chinese yuan to subsidize the crews that come to shoot...

"This fund will invest 10 billion Chinese yuan every year in the next five years, and provide a subsidy of 20%-40% of the production cost to the crews that come here to shoot..."

The specific subsidy method has been preliminarily determined as follows: for domestic films, films with a production cost of 800 million to 2000 million will receive a 30% subsidy; films with a production cost of more than 2000 million will receive a 40% subsidy...

国外影片3000万元以上的（含3000万元），补贴率为40%。单部影片统一最多补贴1.2亿元（约1800万美元）。

“40% is undoubtedly a very substantial subsidy, and it is currently the highest subsidy in the world. In Asia, the 30% production subsidy provided by Malaysia was once the highest in Asia.”

When Barron was in the United States, he also learned that some states in the United States also provide similar production incentives in order to snatch some film locations from Hollywood. The tax rebates/rewards provided to film and television companies are often between 25% and 30%...

"Although such subsidies and incentives are very important, for many film and television companies, what is more important is the credibility and sustainability of the policy. Therefore, in these aspects, we need time to win reputation and also need to confirm with Qindao the sustainability of these policies in the future."

In addition to attracting film and television companies to the Oriental Movie Metropolis for filming and post-production, the world's largest Marvel-MGM theme park will be built here, as well as special commercial centers, yacht clubs and residential real estate projects.

"According to our most conservative estimate, if the entire project goes smoothly, the land price here will be able to increase by more than ten times compared to before..."

Well, although it is Qindao, it is not an exaggeration.

After all, this piece of land was already considered a very remote location in Qindao before, and the housing price was not high...

Baron knew that in his previous life, Yida Company had also ambitiously built a film metropolis here. At that time, they completed the acquisition of AMC, the second largest cinema operator in the United States, and later acquired Legendary Pictures, a well-known Hollywood production company, for US$35 billion, and thus acquired considerable Hollywood resources.

Therefore, at that time they even called for the construction of the Oriental Hollywood here, and had the ambition to hold the Oscars in the United States one year and in their Qindao Film Capital the other year.

The groundbreaking ceremony of Yida Qindao Film City can be said to be very grand. They invited Hollywood stars such as Leonardo DiCaprio, Nicole Kidman and John Travolta to attend the ceremony, which attracted a lot of attention for a while.

However, it can be said that the result was much ado about nothing. Yida’s film capital in Qindao did not achieve the goals they expected. Instead, as the glory of Yida Group faded, it gradually faded out of people’s sight.

But the project of Tianhe Oriental Movie Metropolis Group is different. In addition to Tianhe Capital, the main controller of this project, its subsidiary Tianhe Film and Television Investment Company also has a good influence in the domestic film and television industry in China. Their other shareholders include Marvel-MGM Pictures, one of the six major studios in Hollywood and the currently popular one. In addition, Blue Valley Capital has also invested in many companies in Hollywood, including theaters and platforms, such as Netflix...

Moreover, the resources that Barron, who is behind them, can provide to this film city are definitely not comparable to those of Yida Group...

(End of this chapter)