A $10 million fund has been set up to support the growth of the 3D media industry over the next two years.
Dr Lee Boon Yang, Minister for Information, Communication and the Arts, announced the initiative at the opening of the inaugural 3D Film and Entertainment Technology Festival on Wednesday, saying the fund will support content projects, 3D infrastructure, production and post-production facilities as well as training initiatives for 3D film makers over the next two years.
He added that a piece of land has been earmarked for media infrastructure at One-North - an integrated development for research and innovation spread over 200 hectares. This will be a private-public endeavour.