Singapore & Asian Film News Portal since 2006
FILM NEWS & RESOURCES

Thailand Poised to Establish Location Filming Incentives1 min read

14 August 2015 < 1 min read

author:

Thailand Poised to Establish Location Filming Incentives1 min read

Reading Time: < 1 minute

Thailand’s military government this week approved plans to create financial incentives that are intended to help attract foreign films to shoot in the country.

At the same time the government denied that a release certificate had been turned down to Pierce Brosnan and Owen Wilson-starring film “No Escape” (previously “The Coup”). The John Erick Dowdle-directed film, which shot in Thailand, could have threatened the sensitivities of the current regime. It depicts the violent events of a government overthrow in Southeast Asia.

The cabinet gave approval in principle to a scheme under which a cash rebate would be paid at the rate of 15% of every 30 million baht ($860,000) spent in the country. Additional rebates could also be earned, worth 10% of spend, if the movie promoted a positive image of Thailand, and a further 5% if it also employed Thai performers.

The scheme would be capped at $2.86 million per year, though government spokesman Sansern Kaewkamnerd suggested that the actual figure should be reviewed each year.

The Ministry of Tourism and Sports said that it believed the incentive would generate additional revenues of $43million to $57 million to the country.

Read the full article here>> via Variety

%d bloggers like this: