Administered by the Thailand Film Office, the incentives provide 15% to 20% repayment of qualifying local spend.
At an event in Cannes on Friday, the Tfo said that the scheme is functioning well and that the Thai production industry is on course for a record year. In the first quarter of 2019, Thailand has already been used as a location for 28 feature films, with an aggregate local spend of more than $40 million.
“While producers are benefiting from the incentives, Thailand is also benefiting from the arrival of film and television productions. From the crews and facility companies, right through to hotels, domestic transport and the hospitality industry, the revenue earned through servicing international productions benefits many,” said Anan Wongbenjarat, deputy Permanent Secretary of the Ministry of Tourism & Sport.