Tag: Land Lease
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Philippine House Passes Bill Extending Foreign Land Leases to 99 Years
In a significant move to attract foreign investment, the Philippine House of Representatives has passed a bill on its final reading, allowing foreign investors to lease private lands for up to 99 years. The vote was overwhelmingly in favor, with 175 votes for, three against, and two abstentions. The legislation, House Bill 10755, was spearheaded…
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Philippine House Passes Bill to Extend Foreign Land Leases to 99 Years
In a significant move to attract foreign investment, the Philippine House of Representatives has passed a bill on its final reading, allowing foreign investors to lease private lands for up to 99 years. The vote was overwhelmingly in favor, with 175 votes for, three against, and two abstentions. The legislation, House Bill 10755, was spearheaded…
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