British investors are set to build a €60 million film production complex in Loulé, creating at least 300 direct jobs. The complex will become a national, European and even global reference for major entertainment industry productions.

The money is being invested by two British entities, MovieBox and Lansdowne Capital Partners. The local council and the Loulé Film Office have been helping to develop this project for the last 18 months.

“It is a global-scale project that will put Loulé on the map of big movie and TV productions (…) We believe that the creation of this complex will represent a turning point for the diversification and dynamisation of the region’s economy, along with other projects”, said Loulé Mayor Vítor Aleixo.

Mayor Vítor Aleixo also highlighted that the film production complex will create at least 300 new direct jobs, in addition to the thousands of indirect jobs over time.

The film production complex will be built in the same spot as the former Unicer factory, near Loulé’s industrial area. It will integrate several film and television studios.

Loulé is a pioneer when it comes to creative and entertainment industries. The local council created the Loulé Film Office in 2014 to promote the municipality as a prime destination for film, TV, advertising and photographic productions. The Municipality of Loulé has been a privileged destination for several productions, praised by many figures in the world of cinema and audiovisual for its scenic multiplicity but also for its logistical capacity. Last year, the streets of Loulé were chosen as the setting for several shoots of the film ‘Miss Willoughby and Bentley’. In 2017, a large part of ‘That Good Night’, was also shot in Loulé.

Source: PORTUGAL RESIDENT, ALGARVE GUIDE, THE PORTUGAL NEWS