Morocco is set to achieve unprecedented figures in terms of revenue generated from foreign film productions this year, following years of pandemic-induced setbacks in the cinema industry.
One of the most prominent films currently being shot in Morocco is Gladiator 2 directed by Ridley Scott, with a budget of approximately USD200 million. It is poised to become the highest-grossing foreign film production of the year.
The first installment of the film had previously captured some scenes in the city of Ouarzazate back in 1999. The second installment is expected to generate revenues of around MAD300 million, representing one-third of the previous year’s earnings from foreign film ventures, according to the Moroccan Cinematographic Center.
The Covid-19 restrictions had led to a significant decline in investment budgets by international productions in Morocco, dropping from MAD800 million in 2019 to MAD440 million in 2021.
However, this year, the revenue from foreign film productions is estimated to reach approximately MAD2 billion, shattering previous records, as reported by French newspaper Le Monde.
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