By John Victor D. Ordoñez, Reporter
A MEASURE seeking to extend the maximum term for land leases entered by foreigners to 99 years is likely to help the Philippines attract more investments, analysts said.
“Investors may be more inclined to commit to projects in the Philippines when they see the availability of longer-term leases as an assurance of stability,” Philippine Institute for Development Studies Senior Research Fellow John Paolo R. Rivera said in a Viber message.
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