Egypt's MPRC embarks on studio development
| 24 June 2014
Egypt's Media Production City (MPRC) has begun an EGP20 million development of ten of its studios, as the initial phase of the entire regeneration of its studios.
Hassan Hamed, MPRC chairman, told Al Mal newspaper that his company has recently developed three studios and signed contracts for 25 HD cameras to be installed in the ten studios currently being overhauled.
The development will reportedly be self-financed by MPRC.
Two or three new studios are to be converted from current storage space, each boasting an average area of 600 cubic metres. Then, five 1,750-cubic metre studios will be established in 2015, as part of the second stage of development.
MPRC currently owns a total of 75 studios.