Pinewood Shepperton plc entered into a strategic agreement with Khazanah Nasional Berhad (the investment holding arm of the Government of Malaysia) in connection with the development of a new film and television studio facility in Iskandar, Malaysia. Heavy investment is pouring into the region, providing necessary funds for infrastructure projects and large business developments.
Construction began towards the end of 2010, with completion expected by the end of 2012.
The state-of-the-art facilities being built as part of the studio complex include 100,000 square feet (9,300 m2) of film stages, ranging from 15,000 square feet (1,400 m2) to 30,000 square feet (2,800 m2). The first two at 15,000 square feet (1,400 m2) while the other two at 20,000 square feet (1,900 m2). The biggest stage at 30,000 square feet (2,800 m2) will have a water tank for productions that require work on or under water. There are 2 TV studios, each at 12,000 square feet (1,100 m2).