Nationwide crackdown launched on illegal nominee shareholders and land holdings
Anutin says land bridge project frozen, not abandoned
AI In-Brief
Thailand News in Brief
Thai PBS World
Thailand and the world, every day
AI can make mistakes. Please double-check.
Anutin says land bridge project frozen, not abandoned
14 Sept 08:30Key points summarised by AI
Prime Minister Anutin Charnvirakul clarified the trillion-baht land bridge project is "frozen," not scrapped, awaiting an opportune moment despite economic and environmental concerns.
The government will now prioritize the "missing link" project, focusing on developing a railway to Thailand's west coast in Ranong and upgrading its seaport.
Anutin confirmed the delayed 220-billion-baht high-speed rail project linking three airports remains active, with discussions underway to advance its implementation.
Nationwide crackdown launched on illegal nominee shareholders and land holdings
Yesterday 15:20Key points summarised by AI
Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.