BANGKOK, Oct 19 — Thailand’s government said today it could force the sale of up to 2,300 plots of land worth more than US$400 million (RM1.6 billion) as part of a crackdown on property held unlawfully by foreigners.
Prime Minister Anutin Charnvirakul called in a speech for tougher action against the use of Thai proxies to circumvent a ban on non-Thais owning land.
The government has identified 2,360 plots worth 14.01 billion baht owned through 1,397 proxies, Department of Lands Director Somchai Leelanoi said.
They cover an area totalling 5,467 rai — around 875 hectares — across the country.
