Saturday, August 18, 2018

Puerto Rico gov’t touts economic benefits of Nicolas Cage movie

By on April 18, 2018

SAN JUAN – “Primal,” a movie starring Nicolas Cage, will be filmed in Puerto Rico with a $31 million budget. It is expected to create more than 700 direct jobs and over 2,000 indirect jobs during its shooting, as well as more than 941 room nights, Gov. Ricardo Rosselló announced Tuesday.

According to Economic Development Department (DDEC by its Spanish initials) data, since 2017 the total investment of film productions in Puerto Rico is around $149 million, and about 14,250 direct jobs were created to shoot the films, series and documentaries.

“The filming of a new movie of this caliber shows that after the onslaught of Hurricane Maria, our island is ready to do business and be the perfect setting for Hollywood. We continue working to open more workshops for the professionals of the seventh art and promote the economic development of Puerto Rico,” the governor said.

Gov. Ricardo Rosselló and Nicolas Cage (Courtesy)

For his part, DDEC Secretary Manuel Laboy stressed that “the cinema projects that use Puerto Rico as a backdrop, also impact other economic sectors such as tourism. The productions that have arrived on the island in the referred period translate into 20,860 hotel nights, without counting other positive direct and indirect effects on the economy.”

He added that “our commitment is to continue working on designing strategies that benefit this sector and to position Puerto Rico as the perfect destination for these projects. In Puerto Rico, the development of the film industry is an important pillar for economic growth.”

In a release, Treasury Secretary Raúl Maldonado said “this is a great investment for Puerto Rico not only in capital for the economy but as a workshop for our human capital. Puerto Ricans in our film industry have demonstrated their incomparable talent and desire to push the Island forward.”

Maldonado said tax credits would be applied based on Act 27 of 2011, or the Economic Incentives Law for the Film Industry of Puerto Rico.

“Primal” features Famke Janssen, Michael Imperioli, Kevin Durand and Puerto Rican actor Braulio Castillo.

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