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Indonesia plans film financing push to protect IP, attract investors

Jakarta (ANTARA) – Indonesia is preparing a new film financing mechanism aimed at protecting intellectual property and widening market access, as the government seeks to strengthen the country’s creative economy and attract more investors to the sector.Creative Economy Minister Teuku Riefky Harsya said the ministry is working through partnerships to ensure intellectual property can play a stronger role in financing creative businesses, particularly in film.“The Ministry of Creative Economy continues to push for intellectual property to be recognised as collateral,” Harsya said in a statement in Jakarta on Thursday, calling it a key step toward building a healthier creative ecosystem.He pointed to limited venture capital and difficulties in commercialising intellectual property as major challenges facing Indonesia’s creative industries, especially the film subsector, which relies heavily on long-term financing and strong distribution networks.Harsya said the government hopes to complete studies by early 2026 on incentives for priority creative subsectors, including film, gaming and digital applications, to make them more attractive to domestic and foreign investors.“We want to open wider opportunities for investors to participate in the creative economy,” he said, adding that incentives would be designed to reduce risk while encouraging sustainable growth.Beyond fiscal incentives, the ministry has proposed several structural solutions, including the creation of the Indonesia Creative Content Fund (ICCF) to support creative projects.Deputy for Media Creativity Agustini Rahayu said the planned ICCF is intended to strengthen a sustainable financing ecosystem, particularly for creative content producers who struggle with limited market access and weak intellectual property protection.“The ICCF is being initiated as a reference model for creative content financing,” she said, describing it as a long-term solution to funding gaps in the industry.The push follows discussions in July 2025 with state-owned film production company Produksi Film Negara (PFN) on improving distribution and promotion for Indonesian films. The ministry is encouraging PFN to evolve into a National Content Hub.PFN’s Director of Development, Narliswandi Iwan Piliang, said his office is planning to establish a dedicated venture capital fund to support creative industries and boost production capacity.As part of its broader role, PFN is also developing the Indonesia Film Facilitation (IFF) initiative, aimed at expanding film exports, creating jobs for young Indonesians and promoting the country’s creative sector on the global stage.