From 007 to 'The Hangover' films |
Announced at the Cannes Film Festival by Thai officials, the rebate program is to promote Thailand as the production hub of Southeast Asia - as it already has studios, post-production facilities, and experienced production crews. There is currently an on-going battle for movie and TV show production between Singapore, Indonesia, and Malaysia which prompted the Thai rebate program.
Thailand has a large and very profitable tourist industry and is fully aware that movie production will drive tourism numbers. Several years ago, the Thai government created the Thailand International Destination Film Festival, its goal - to attract short-documentary film-makers to create films which highlight Thailand's natural beauty and tourist attractions.
A 20% rebate on production costs is very significant, especially when coupled with Thailand's already, in-place film production facilities, trained crews, scenic beauty, and big city shoot locations. All this makes Thailand a great movie production destination.
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