NEWS: Seven Films Receive Finance Through Thailand Incentives Scheme1 min read
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Seven international films have benefited from $2.14 million (THB68 million) in cash rebates since Thailand launched a production incentive program at the Cannes Film Festival in 2016.
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.
Photo Credit: Variety
