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Bangkok Post
Bangkok Post
National

Govt tweaks land ownership plan for foreigners

The government is implementing tougher controls on its land ownership plan for foreigners following sovereignty concerns from the public, a government spokeswoman said.

The government has come under fire, accused of "selling off" the country after the cabinet approved the Interior Ministry's draft regulation to allow four groups of wealthy foreigners to purchase and own up to one rai of land in return for investments.

On Thursday, opposition lawmakers said the government has failed to address economic problems and is now backed into a corner.

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