PH Law signed Extending foreign investors land lease to 99-years

Philippine President Ferdinand Marcos Jr. has signed Republic Act (RA) No. 12252, extending the lease term on private land to up to 99 years for foreign investors. This marks a step forward in creating more secure, long-term investment opportunities in the country, making the Philippines a more attractive investment destination for foreign investors.
Together with the fiscal and non-fiscal incentives under RA 12066 or the CREATE MORE Act, RA 12252 strengthens the country’s investment climate by reducing investor risk and ensuring stability, which will further lower the barriers for foreign enterprises to enter the Philippines.
This also expands investment opportunities across BCDA-managed economic zones like the Clark Freeport and Special Economic Zone, the Morong Special Economic Zone, the Poro Point Freeport Zone, and the John Hay Special Economic Zone, unlocking Central and North Luzon’s full economic potential.
The landmark legislation allows for flexibility in granting long-term leases to foreign investors seeking to establish high-impact commercial and industrial developments such as semiconductor manufacturing, industrial parks, logistics hubs, assembly and processing facilities, as well as developments in the tourism, agroforestry, and agriculture sectorsβ€”industries that drive national development, economic prosperity, and sustainable growth.
With this new law, the Philippines strengthens its position as a competitive investment hub in Southeast Asia, offering foreign investors long-term stability, unmatched growth potential, and access to a highly skilled, dedicated workforce.

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