Los Angeles – The Media Development Authority of Singapore (MDA) announced the first film to receive support under its International Film Fund that was launched at the Cannes Film Festival this year. Neon Sign the first Singapore-China-Korea film co-production, will be directed by Korean Pil Gam-Sung (‘Musa’) and is scheduled for release in 2011. Backed by Asian film powerhouses CJ Entertainment and Beijing Polybona Film Distribution Co. Ltd, with support from MDA, Neon Sign will be produced by Bang Productions (Singapore) and Nabi Pictures Ltd. (Korea). Neon Sign is the second feature film co-production deal involving Singapore and Korea. The first, Host 2 by Singapore’s Boku Films and Korea’s Chungeorahm Films, was announced two months ahead of the American Film Market in September. In all, Singapore has co-produced properties in the film, television and animation space with over 10 countries across the world. Neon Sign is set in China’s picturesque Yunnan province. The comedic road movie centers on a highly sought- after Korean pop idol who flees to China to escape paparazzi following scandals at home. The International Film Fund is one of several initiatives launched under the Singapore Media Fusion Plan at this year’s Cannes Film Festival. The Fund provides Singapore-based production and post-production companies the opportunity to executive produce and/or co-produce films of global appeal with international partners and will invest up to S$5 million per film, covering 17 to 20 projects ranging from animation, live-action features and post-production projects.