Insider Economy Invest Cyprus tender call for services to audiovisual industry

Invest Cyprus tender call for services to audiovisual industry

Invest Cyprus has called for tenders for accounting, auditing and bookkeeping services to the island’s fledgling audiovisual industry.

The contract concerns the provision of consultancy services on accounting, financial and legal issues of audiovisual productions already submitted or to be submitted under the island’s Audiovisual Film Promotion Scheme.

Five film productions are in the pipeline for 2020, according to the open competition’s provided information.

Two films have already been shot in Cyprus – “Jiu Jitsu” with Oscar-winning Nicholas Cage and “SOS – Survive or Sacrifice” with another famous actor, William Baldwin.  And rumours have it that shooting in Cyprus of a third film with a cast of high-profile Hollywood actors is imminent.

The tender call is for five productions for which license for shooting will be granted after they become eligible for the incentives package offered by the Cyprus government.

But the question now is how the coronavirus spread will affect the film production industry, Phileleftheros reports.

As for the services requested, these include the study and evaluation of costs, preparation of written reports to be submitted before the Audiovisual Project Evaluation Committee and the provision of legal advice and views on relevant matters.

The €148,000 (excluding VAT) estimated value of the contract is expected to be financed entirely from national resources, that is from the budget.

Entries will be submitted through the eProcurement Electronic System ( and the deadline is April 6, 2020.

The results and date of the contract signing are expected to take place two months after the submission of tenders.


Read more:

Top Stories

Russia: Vladivostok police detains Navalny supporters

At least 35 Russians were detained on Saturday (January 23) in the Far Eastern city of Vladivostok at a rally for the release of...

Police begin investigation of athlete’s accusations for sexual abuse

Police has began the investigation of accusations made by female shooting athlete Andri Eleftheriou for sexual abuse. Eleftheriou spoke about these allegations a few...

Rapid tests major factor for possible COVID-19 relaxations Ministry says

The results of rapid tests carried out on the population of Cyprus constitute a major factor for any possible relaxations in COVID-19 measures and...

Mainly fine on Saturday with high cloud

Mainly fine on Saturday with high cloud developing initially. Winds will be north-easterly to south-easterly, moderate, force 3 to 4 Beaufort, turning strong, 4 to...

Man wanted for breaking into buildings and burglary (PHOTO)

Police are looking for information that could help locate Constantin Raoul Mitala, 21, from Romania, permanent resident of Cyprus, regarding the offense of breaking...


Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...


No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...