InfoQuest (October 09, 2019) -- Following an inspection visit to the Treasury Department, Thai Finance Minister Uttama Savanayana urged the department to: respond to national key strategies to promote the development of the country's grassroots economy by utilizing state-owned assets and make state-owned land a means of livelihood of people by developing cooperation with state-owned banks; promote the development of tourism by, for example, upgrading existing tourism routes and setting up commodity sales areas; make preparations for entering an aging society, use suitable land for development, cooperate with relevant departments to build housing for the elderly and keep track with the developments of similar comprehensive projects being implemented.
As for macro-economy, he urged the department to pay attention to infrastructure and new industry investments and align them with national strategies, EEC strategy and other regional economic strategies.
"The Treasury Department is in charge of 12 million rai of state-owned land, and most can be utilized to help promote Thailand's economic and social development. In this connection, it is its responsibility to give full play to state-owned land in accordance with national strategies, thereby putting Thailand on better track towards development and boosting the growth of grassroots economy. Moreover, it should also maintain close coordination with other allied departments and think over things with the same framework in mind," said Mr. Uttama.
The finance minister also said that the Treasury Department should bear in mind the framework of the national strategy for developing grassroots economy to analyze the state-owned land available in all regions and provinces and speed up digital planning and big data databases. In the long run, the database will bring great benefits for the department as it can track and monitor whether the state-owned land is used to serve specified purposes. And if there is unlawful occupation of land or non-compliance with the specified purposes, the department can correct them according to law, which will help generate revenue for it.
"If government-controlled land is occupied unlawfully, the Treasury Department should inspect the land on the spot and see to it that it can be used properly by, for example, signing a formal lease agreement at a reasonable price to turn the occupier into a land lessee. Meanwhile, the government departments controlling the state-owned land should also inspect the land together, and in some cases, the illegal occupier shall return the land. In a nutshell, the principle of fairness and justice must be followed," said Mr. Uttama.
Source: InfoQuest, by Khara/ Kasamarporn/Rachada, translated by Xinhua Silk Road
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