The new five-screen film centre will be located at this car park site
A new state-of-the-art film centre to be built in London's South Bank has been promised £45m by Prime Minister Gordon Brown.
The National Film Centre, the British Film Institute's (BFI) £166m project, is planned for the site of a car park behind the London Eye.
The centre will have five screens and provide space for exhibitions, cultural events and research facilities.
Mr Brown said the centre would be the "new home for British film".
London Mayor Boris Johnson has also promised £5m to the project, which is expected to be completed by 2015, while the rest of the money will be raised by the BFI.
Mr Brown said: "This project creates a new home for British film right at the heart of London's cultural centre on the South Bank.
"The commitment to the new BFI National Film Centre demonstrates the government's continuing support for the arts in Britain and our determination to invest in leading creative industries as part of our economic recovery."
Amanda Neville, director of BFI, said she was "very excited".
"It was very much the vision of the late Anthony Minghella and the notion was that the film is the great art form of today so why doesn't it have the physical presence in the capital."
The government also announced it would invest £50m towards the extension of Tate Modern - which will increase its gallery space by 60% - and £22.5m towards creating a World Conservation and Exhibitions Centre at the British Museum.