Panama is positioning itself as an ideal international co-production hub for filmmakers in Latin America, with new incentives in the works. The country is being celebrated at the Málaga Film Festival's Latin American Focus, with a delegation of government officials, industry representatives, and filmmakers highlighting its numerous cinematic advantages. The Panamanian Vice Minister of Culture, Arianne Benedetti, highlighted the country's growing film and TV industry, with the introduction of a new international film-production award that allows any film project to compete for $100,000 for fiction films and $25,000 in documentaries. The government is also in the process of passing a new law expanding funding to six feature film and six documentary co-productions.