PROPERTY
Review will assess 4,000 plots in city
- Published: 27 Nov 2012 at 00.00
- Newspaper section: Business
The Finance Ministry will launch a review of public land holdings nationwide including some 4,000 plots in Bangkok alone in order to assess prospects for public and commercial use, says Chakkrit Parapuntakul, the finance deputy permanent secretary.
Mr Chakkrit said the Treasury Department, which is responsible for managing 12.5 million rai of public land, will be responsible for the assessment.
The Finance Ministry wants to create a comprehensive portfolio of public assets with key data such as location, size and an assessment of development prospects, either for commercial or public use.The portfolio is expected to be ready within three months.
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