Updated: 01/16/2014 01:42

Singapore well on course to becoming regional media powerhouse: Dr Yaacob Ibrahim

Singapore well on course to becoming regional media powerhouse: Dr Yaacob Ibrahim

Minister for Communication and Information, Yaacob Ibrahim, says Singapore's well on course to achieve its vision of being a regional media powerhouse. 

He says Made-in-Singapore content today entertains audiences across 70 countries around the world. 

Singapore has also become a leading regional broadcast centre with companies such as HBO Asia, MTV, BBC, CNBC and Discovery using its strategic location and quality infrastructure to reach out to the region. 

Dr Yaacob was speaking at the official opening of Infinite Studios, the first multi-tenanted development at Mediapolis at One-North. 

"The opening of Infinite Studios marks an exciting juncture for Singapore, supporting the country in its journey to becoming the region's premiere media hub. It also heralds the successful collaboration between the government and the private sector, to create a viable, sustainable business environment for our media industry."

Infinite Studios, costing some $60 million to build, is a joint venture project between Ascendas and Citramas Nusanterra. 

It spans an area of some 24,000 square metres and is home to media companies like Globecast Asia, Discovery Networks, and Namco Bandai Studios. 

It features Singapore's largest purpose-built sound stages, complemented by supporting production offices. 

The soundstages have already been used to shoot and produce popular Australian children's TV show, Hi-5, reality TV shows, and commercials, among others. 

Infinite Studios' neighbours include Lucasfilm, which will be opening its Sandcrawler building on Thursday. 

Infocomm company, StarHub, will also be located in the vicinity, while Singapore's national broadcaster, MediaCorp, will make Mediapolis its new home come 2015. 

Dr Yaacob says MediaCorp will be a major player generating a pipeline of projects that will drive growth in media-related service providers.

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