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Investments board signs Lease Act IRR
Business World Philippines
|December 26, 2025
THE Board of Investments (BoI) has signed the implementing rules and regulations (IRR) for the Republic Act No. 12252, or the 99-year Investors’ Lease Act, marking a step towards the new regulation’s implementation next year.
“Our goal is to establish the Philippines as a top global investment destination,” Trade Secretary and BoI Chairman Ma. Cristina A. Roque said in a statement on Thursday.
“This signing provides the long-term security our investors need and proves that we are serious about creating a more competitive and business-friendly nation,” she added.
The IRR, which the BoI signed with the Land Registration Authority on Dec. 19, operationalizes the extension of lease periods for private land by foreign investors from 75 years to an aggregate of 99 years.
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