British based movie studios Pinewood Shepperton Plc, were top earning flicks such as James Bond and Harry Porter were filmed, are expanding to the Caribbean.
The Dominican Republic is the new location set in place for the up and coming facility. This comes after Pinewood Shepperton Plc announced its new partnership with Indomina Group to build new movie and television studios next year under a venture called Pinewood Indomina Studios.
Dominican sugar Goliath Vicini manages Indomina Group, who will be responsible for financing the new venture with Pinewoood Sheppertton. The new studios will be built on a 35-acre (14-hectare) site in San Pedro de Macoris, east of the capital of Santo Domingo.
Pinewood stated that it will receive annual fees for its sales and management services, although the cost of the project is still unclear.
The studio will feature a 53,800-square-foot (5,000-square-meter) sound stage along with an eight-acre (three-hectare) water-effects facility that calls for an exterior water tank and a fully equipped diving and marine department.
Based on reporting by the Associated Press.