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The status of a
manufacturing industry for cinema making is
the expectation that with such recognition,
the gate will be opened for foreign
investment in this industry. The existing
Foreign Investment and Technology Transfer
Act has included motion picture business
(produced in national languages) under the
category of industries in which the foreign
investment is not allowed. Though that
restriction is thus not for movies that will
be made in Nepal in other languages, the
cine-entrepreneurs say, allowing foreign
investment also in Nepali language movies
will help to expand the market for the
Nepali cinema industry. "This will help
bring in foreign technologies and in
exploring markets overseas", they think. |