Mr. Napintorn Srisanpang, Deputy Minister of Commerce, revealed after chairing and witnessing with Mr. Songsak Thongsri, Deputy Minister of Interior in the "Signing Ceremony of the Memorandum of Understanding on Information Exchange to Solve the Problem of Thais Holding Land Instead of Foreigners" between the Department of Business Development and the Department of Lands today (May 22, 2025) that on behalf of the Ministry of Commerce, it is a great honor to be a witness to the signing of this Memorandum of Understanding, which is another important step for the government in integrating information and using cooperation mechanisms to drive government policies in a tangible way.

Currently, foreigners have come to hold land in Thailand by letting Thais hold the land instead to avoid legal restrictions. In addition, it was found that the land was being used for benefits, such as businesses prohibited for foreigners or businesses that Thais are not ready to compete in. Such actions distort market mechanisms and affect the country's economic and social stability. The government under the leadership of Prime Minister (Ms. Paethongtarn Shinawatra) has realized the importance of effective law enforcement and deterring wrongdoings according to the law. To create fairness in business operations and protect the country's interests, a committee has been established to manage and solve the problem of foreign products and businesses that violate the law to urgently solve the problem of using Thais as agents or nominees seriously, which will lead to the creation of a transparent, fair and sustainable economic system.

Deputy Minister Napinthorn continued that Thailand is facing the problem of using Thais to hold land instead of foreigners in order to seek benefits from land in the form of prohibited businesses such as agricultural businesses, accommodation businesses, food and beverage businesses, which is a behavior that directly affects the security of the country's resources and the economy related to the competitiveness of Thai entrepreneurs. The Ministry of Commerce, through the Department of Business Development, as the agency responsible for regulating businesses, and the Ministry of Interior, through the Department of Lands, as the agency responsible for managing state land, have seen the benefits of integrating work together and have joined forces to maintain fairness in business operations and the protection of national resources, as land is considered the economy and national security. The signing of this MOU will be the hope of the people, not just a signing on paper.

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