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Foreign films inject estimated Bt900 m into economy in Q1

Foreign film productions using Thailand as a setting totalled 239 in the first quarter and are forecast to pump Bt900 million into the economy, according to Wannasiri Morakul, director-general of the Tourism Department, Ministry of Tourism and Sport

She said most of the movies made in the country in the first quarter were Hollywood films, generating estimated income of Bt161 million, followed by UK films (Bt160 million). 
She said in the second half of the year Hollywood films using Thailand as a location are expected to generate over Bt620 million for the economy due to tax incentives given to production houses because they promote the country.
The department has targeted income from foreign films of Bt4 billion this year.

Published : May 15, 2017

By : The Nation