Sun, August 07, 2022

in-focus

PM discusses economic recovery with property sector honchos


Prime Minister Prayut Chan-o-cha held discussions at Government House with businessmen and entrepreneurs involved in the property sector on ways to drive the country's economy.

The prime minister and Deputy PM Supattanapong Punmeechaow met Pornnaris Chuanchaisit, president of the Thai Real Estate Association, and representatives from Home Builder Association, Supalai, Sansiri, AP (Thailand), Land and Houses, Pruksa Holding and Goldenland Residence.

Supattanapong said they had proposed various ideas and confirmed that customers, both domestic and overseas, still have purchasing power and there was still demand for properties in Thailand.

"This is an opportunity for the government to support the business," he said. "They offered opinions on various issues such as loans for buying properties, the loan to value measure, tax support and town planning that the government needs to study in detail later."

He added that the government would propose to the Centre for Economic Situation Administration, within two weeks, packages to encourage people to buy residences.

"The government will use comments from the property sector to help revive the country's economy," he added.

Published : September 04, 2020

By : The Nation