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Posted

Wiffee came in tonight with news about above...(picked up on internet as well) :D

seems a big development if it happens and according to her could be located on the Lampoon site that wes earmarked for the new CM airport....Kilo 15 ...near the market.

is it new... anyone confirm?....

time tae buy some more land...me thinks.... :D

Northern Thailand gets $650 mil Kingdom

Film and residential complex announced for Chang MaiBy Patrick Frater

June 23, 2009, 06:46 AM ET

HONG KONG -- Los Angeles-based entertainment property developer Creative Kingdom Inc. is to build a film studio and residential complex near Chiang Mai in northern Thailand.

The 175-acre CNX-Wood development will be built in four phases over seven years. Development starts with the CNX Movie World Studios, which Creative Kingdom CEO Eduardo Robles said "will serve as the hub for Asia's booming film industry" and be completed within three years.

"Thailand doesn't have enough state-of-the-art studios, and what studios it has are mostly in the south," said Berny Herrera, Creative Kingdom business development manager. "Chiang Mai offers good weather, better economics than Bangkok and now it has an international airport that improves communications."

Creative Kingdom, which also has animation production facilities in Thailand and Beijing, said the CNX Movie World Studios will initially house eight sound stages of varying sizes, as well as workshops and postproduction facilities that will include color correction and sound mixing studios.

Cost for phase 1 is estimated at $250 million, with phases 2 and 3 costing a further $400 million. Herrera said that investors were likely to include property and finance companies from the Middle East, South Africa and the U.S.

The company has hitched with local partner Living Films, a Thailand-based production services company controlled by seasoned local producer Chris Lowenstein, who was line producer of the Weinstein Co.'s recent "Shanghai," Nicolas Cage-starrer "Bangkok Dangerous" and production manager of numerous episodes of TV's "Survivor."

The Thai government has made increasing the number of international productions a priority of its film development program. Hollywood movies such as "Rambo" and "Street Fighter" were among the 56 foreign films that shot in the country last year, though recent political instability may have dented the country's appeal. Northern Thailand gets $650 mil KingdomFilm and residential complex announced for Chang MaiBy Patrick Frater

June 23, 2009, 06:46 AM ET

HONG KONG -- Los Angeles-based entertainment property developer Creative Kingdom Inc. is to build a film studio and residential complex near Chiang Mai in northern Thailand.

The 175-acre CNX-Wood development will be built in four phases over seven years. Development starts with the CNX Movie World Studios, which Creative Kingdom CEO Eduardo Robles said "will serve as the hub for Asia's booming film industry" and be completed within three years.

"Thailand doesn't have enough state-of-the-art studios, and what studios it has are mostly in the south," said Berny Herrera, Creative Kingdom business development manager. "Chiang Mai offers good weather, better economics than Bangkok and now it has an international airport that improves communications."

Creative Kingdom, which also has animation production facilities in Thailand and Beijing, said the CNX Movie World Studios will initially house eight sound stages of varying sizes, as well as workshops and postproduction facilities that will include color correction and sound mixing studios.

Cost for phase 1 is estimated at $250 million, with phases 2 and 3 costing a further $400 million. Herrera said that investors were likely to include property and finance companies from the Middle East, South Africa and the U.S.

The company has hitched with local partner Living Films, a Thailand-based production services company controlled by seasoned local producer Chris Lowenstein, who was line producer of the Weinstein Co.'s recent "Shanghai," Nicolas Cage-starrer "Bangkok Dangerous" and production manager of numerous episodes of TV's "Survivor."

The Thai government has made increasing the number of international productions a priority of its film development program. Hollywood movies such as "Rambo" and "Street Fighter" were among the 56 foreign films that shot in the country last year, though recent political instability may have dented the country's appeal. :)

Posted

Great investment opportunity, RinTinTin. Trust your gut feeling and go for it!!

By the way, can a borrow a million baht? I promise I'll pay it back with good interest. :)

Posted

This was also reported in another post here in the forum, but in the original story that came out in regards to this about 3 months ago, it stated clearly that it would be located in San Kamphang. So who knows?

Posted

Cool. Another "hub." :)

Anyone remember the hi-tech "hub" with Japanese-style high-speed internet promised about 5 years ago?

[stage directions: fingers tapping impatiently on marble counter....]

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