Summary: “Over 500 Million Baht in Foreign Film Production Incentives in Fiscal Year 2024 Generated Over 2.8 Billion Baht for Thailand”

Rebates Exceeding 500 Million Baht

• Incentive rebates for foreign film productions in the 2024 fiscal year (Oct 2023 - Sep 2024) amounted to 509 million baht.

Revenue Generated for Thailand Exceeds 2.8 Billion Baht

• Foreign film productions investing in Thailand contributed a total of 2.876 billion baht to the economy.
• The incentives program supported over 43,000 jobs in the film and related industries.

Incentive Program for Film Production

• Thailand’s cash rebate program was officially launched in 2017.
• It attracts international filmmakers with a minimum spending requirement of 50 million baht in Thailand.
• Rebates cover up to 20% of local production costs, capped at 150 million baht per project.

Notable Productions Receiving Rebates This Year

• The Creator, S.W.A.T. Season 6, Meg 2 : The Trench
• Mother of the Bride and The Sympathizer

Future Projects

• With more than 22 upcoming projects, the program is expected to generate over 7.053 billion baht, further establishing Thailand as a regional film production hub.

For More Information: TFO Thailand Film Office

Link: https://tfo.dot.go.th/