Magazine article Screen International

Thailand Launches 20% Production Incentive

Magazine article Screen International

Thailand Launches 20% Production Incentive

Article excerpt

Thailand has finally secured government approval for production incentives in the form of a 15-20% cash rebate on qualifying local spend.

Expected to kick in from January 2017, the incentive offers a 15% rebate on international productions that spend at least $1.5m in the country, with a yet-to-be determined upper limit to prevent a single big-budget production from emptying the pot.

An additional 3% is available for films that use key Thai cast or crew when shooting in the country and a further 2% for films that have particular value in promoting Thailand.

Thailand's deputy prime minister Tanasak Patimapragorn and Minister of Tourism and Sports Kobkarn Wattanavrangkul were both in Cannes to announce the incentive. "We've been working very hard to come up with this scheme and we hope you'll look at Thailand in a new light. …

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