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Friday, May 3, 2024

Revenue From Films in Thailand Surges To 6.6 Billion Baht

A record-breaking 6.6 billion baht was generated by over 466 film shoots in Thailand in 2023, marking an impressive 40% increase in revenue from the previous year. This remarkable upturn was largely credited to the production of high-budget films, including a blockbuster with a budget of 3 billion baht.

Jaturon Phakdeewanit, the head of the Tourism Department, noted the significant role of large-scale productions in driving up spending within the country’s local supply chain. Consequently, the department plans to continue its strategy of attracting major productions to the country.

The department anticipates revenue from film locations to increase by at least 5% this year, amounting to 6.9 billion baht. According to Jaturon, this target is quite attainable considering the growing interest from filmmakers in the UK, Hong Kong, China, and Europe. In addition, the department plans…

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