The Fiji Audio Visual Commission has three movie making projects under consideration which are reported to be together worth over 100-million US dollars.
The announcement has come after a weekend seminar which attracted some of Hollywood's top film companies.
The commission's chief executive, Dan Bolea, says the Kismet Entertainment group plans to establish a Fiji-based production and distribution company.
It will be the first such company to be set up in Fiji under the country's new tax incentives which are described as the best in the world.
Under the incentive, companies will be entitled to a 15 percent rebate in every dollar spent on making films in Fiji.
