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Land measures approved

Language: English Series: Weekend Financial Times ; 20/21 March 1999, 2(1)Publication details: 1999Subject(s): Summary: Thailand's Senate has approved changes to property laws which will allow foreign investors to own land in the country for the first time. Other measures include increasing the land lease period to 50 years and allowing leases to be used as loan collateral - measures which will make leasing commercial and industrial property more attractive for investors.
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News article London News article WB3512-28 (Browse shelf(Opens below)) 1 Available 92298-1001

Thailand's Senate has approved changes to property laws which will allow foreign investors to own land in the country for the first time. Other measures include increasing the land lease period to 50 years and allowing leases to be used as loan collateral - measures which will make leasing commercial and industrial property more attractive for investors.