$650m Plan for Chiang Mai Film Studio Complex
Creative Kingdom, a Los Angeles based company, has announced ambitious plans for a $650m studio and residential development in Chiang Mai.
The planned 175 acre site would include a film studio, sound stages, an animation and special effects studios, residential neighborhoods as well as a range of entertainment facilities, amusement park and sports centre.
Creative Kingdom has designed developments such as Dubai’s Palm Jebel Ali and World Islands, CEO Eduardo Robles has been quoted as saying that “The new CNX Movie World Studios will serve as the hub for Asia’s booming film industry and become one of the premier destinations for the world’s movie makers.”
The company is looking to the US, the Middle-East and South Africa for financial backers for it’s Thailand development, it has already received an eight year tax waiver from Thailand’s Board of Investment.
Thailand has several studio complexes near Bangkok, and Thailand is a popular destination for overseas filmmakers because of the stunning natural scenery, however the recent political problems and closure of the International airport have had an impact on it’s popularity recently.
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