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Bangkok Post
Bangkok Post
Business

HISTORICAL FACTS: Landlords jittery over seizure risk - The Untold Story

An aerial view of a mix of high-rise and low-rise buildings in Bangkok. (Photo: Patipat Janthong)

Landlords in the hotel sector have raised concerns about the government's policy to confiscate vacant land which has not been utilised for 10 years as there are no proper schemes or environment-related laws from state authorities to help develop the land for public benefit.

Marisa Sukosol Nunbhakdi, president of the Thai Hotels Association (THA), said even though there have been no land seizures in such cases in over 40 years, the hotel sector disagreed if there is enforcement without a proper solution to help both owners and public communities mutually benefit from land development.

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