Politics
Thai Government Confirms Dissolution of Land Bank by September 30
Deputy Prime Minister Pakorn Nilprapan has clarified that the Land Bank (LABAI) will be dissolved by September 30, 2026, to reduce administrative redundancy.
Deputy Prime Minister Pakorn Nilprapan has officially confirmed that the Thai government will proceed with the dissolution of the Land Bank (LABAI) by September 30, 2026. According to a report by Prachachat Business, the decision is intended to eliminate administrative overlap and improve overall government efficiency through existing legal frameworks.
Addressing public concerns, Pakorn emphasized that the dissolution of the Land Bank is a separate issue from the 'Community Land Title' program. He urged stakeholders to refrain from using pressure tactics to influence the government's decision, stating clearly that the deadline for the closure will not be extended.
For residents and expatriates, this development marks a significant shift in land management policy. While the dissolution aims to streamline state operations, those involved in land-related projects or community development initiatives may experience changes in how government support is structured. It remains to be confirmed how the transition of existing assets and ongoing responsibilities will be managed after the September deadline. Observers are advised to monitor official government announcements for further details regarding the redistribution of these functions and the potential impact on land-use regulations.
Translated from Thai.
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