Thailand's 30% Rebate Draws Chinese Filmmakers
At the Beijing International Film Festival, Yajai Wattanapreeda of the Thailand Film Office, Ministry of Tourism and Sports, unveiled a compelling 30% rebate scheme for Chinese filmmakers planning shoots in the Southeast Asian country.
"This incentive reflects Thailand's strong commitment to cinema partnerships and offers significant savings on production costs," Wattanapreeda said during the festival.
With a 30% rebate on qualified expenses, productions can recoup nearly a third of their budgets, fueling creative projects and streamlining financial planning for directors and studios.
By positioning itself as a hub for cross-border filmmaking, Thailand aims to become a premier destination for Chinese creatives and cultivate mutually beneficial partnerships within the film industry.
As filmmakers seek new landscapes and collaborations, Thailand's latest incentive could spark a wave of co-productions, boosting local infrastructure and deepening cultural ties.
Reference(s):
cgtn.com
