In line with the government’s policy of building an Asset-Based Economy, the Treasury Department plays an essential role in governing, maintaining, and managing state-owned land—one of the country’s most valuable assets and a key foundation for national economic development.

To support this direction, the Treasury Department has adopted a modern approach to state property management and launched development initiatives aimed at generating higher revenue and increasing the value of state assets.
The Treasury Department aims to implement state property development plans nationwide to:

Objectives

• To manage state property for maximum benefit.

• To increase state revenue and enhance the value of national assets.

Targets

• Generate 20 billion baht in revenue for the state.

• Increase asset value by 65 billion baht.

These targets are set to be achieved within a five-year period starting from 2002 (B.E. 2545), through development projects carried out across the country.