Thai Film Industry a Hit at the 17th Busan International Film Festival
BUSAN, KOREA – October 9, 2012 Thailand showcased the country’s great potential in the industry; Thai companies proficient in production, pre-production, post production, animation, special effects, etc. were in attendance looking to expand their market to mainstream International Producers.
Her Royal Highness Princess Ubolratana Rajakanya Sirivadhana Barnavadi presided over a spectacular evening of information and entertainment at the Westin Chosun Busan celebrating “Thailand: Where Films Come Alive.”
Her Royal Highness Princess Ubolratana Rajakanya Sirivadhana Barnavadi said during her speech “At the forefront of our modern Culture, Cinema has a crucial role to play. In the information age, there aren’t many media that can match the power of the moving image to touch, entertain and inspire. By combining stories, visuals and sounds, Cinema offers a formidable vehicle to showcase our countries and cultures in all their richness and diversity.”
Thai Night at the 17th Busan International Film Festival provided a unique setting for people involved in the film and entertainment industry to come together and to find networking avenues through which to negotiate investment at the country level, corporate and individual level.
Mr. Phoom Sarapol, Deputy Minister, The Ministry of Commerce of the Kingdom of Thailand and Mrs. Srirat Rastapana, Director-General, Department of International Trade Promotion (DITP), Ministry of Commerce, Royal Thai Government will be attending the event along with industry leaders from Thailand.
The Office of Commercial Affairs, the Department of International Trade Promotion (DITP), Ministry of Commerce, Royal Thai Government are actively seeking to expand the growing success of the Thai Film Industry.
So far in 2012 there have been 433 Foreign Productions filmed in Thailand generating 1.88 billion Baht ($60m USD) in revenue. Over half of these productions have been from Countries in the region keen to feature Thailand’s stunning locations, domestic production facilities and technical talent.
Thailand has seen great success fostering new industries over the past decade, already the Nation is one of the fastest growing Global Auto Production locations, it also has a booming manufacturing sector and a well-established electronics industry.
Now, Thailand has targeted the content industry, production, pre-production, post production, animation, special effects are just some of the area’s in which Thailand offers high quality services at cost effective rates.
The Busan International Film Festival has grown to become Asia’s largest film festival. After its establishment in 1996 for the purpose of introducing and supporting Asia’s new directors and movies, BIFF is operating partially competitive sections and other diverse programs. It is also operating its project market, PPP, and film market, Asian Film Market.