Filmmakers from Asia and officials from film production companies have business meetings during the 2023 Asian Project Market (APM), held on the sidelines of the Busan International Film Festival last year. This year’s APM wrapped up after selecting 11 Asian filmmakers to receive funding for their upcoming projects. Courtesy of APM Two local filmmakers win at this year's Asian Project Market in Busan By Baek Byung-yeul The Asian Project Market (APM), Asia's biggest film investment and co-production market, selected 11 award-winning projects from Asian filmmakers for their upcoming productions.

The four-day event, held alongside the Busan International Film Festival (BIFF), ran from Saturday to Tuesday. At the awards ceremony, 11 Asian-led projects were chosen among 30 entries from 17 countries, with filmmakers securing funding for future production opportunities. Two Korean directors — Sohn Hyun-lok and Shin A-ga — had their upcoming productions selected among the 11 award-winning projects.

This year's event facilitated 706 business meetings with 156 filmmakers and industry professionals from 142 companies, the event's organizer said. The APM is Asia's first and largest investment and co-production market for upcoming film projects in development or production worldwide. Each year, it discovers original and innovative emerging projects ranging from blockbusters to low-budget films and arranges meetings between selected projects and global investors, producers and distri.