CKA plans to build a movie town in Chiang Mai

CKA Chiang Mai Company Limited is located in Thailand’s northern province of Chiang Mai and is a subsidiary of the Los Angles-based entertainment firm Creative Kingdom Inc. The company has planned to invest 8.0 billion baht (220 million U.S. dollars) to build a movie town in Chiang Mai, “Chiangmaiwood”, and hopes that it would be able to surpass Hong Kong as the Asian hub of the movie industry.

The construction of this movie town on a 12-acre site in San Kamphaeng district will take an estimated seven years and by 2014 six studios of varying sizes would be available for different scales of movie productions, as quoted by Eduardo Robles, CEO of the company.

The project would officially be announced on June 19 this year, while movie producers and directors across the globe would be invited to see the business potential.

Chiang Mai has been chosen because of its good location and traffic, and also because the production costs are about 20 percent lower than those in rival locations, while the company has also received tax incentives from Thailand’s Board of Investment.