Manila, Sept. 5 -- Investments and employment opportunities in the agriculture and industry sectors, among others, are seen to be bolstered by the amended Investors' Lease Act, which extends the lease of private lands to up to 99 years.

Republic Act (RA) 12252, which was signed into law by President Ferdinand R. Marcos Jr. on Sept. 3, 2025, is an amendment of the 1993 law Investors' Lease Act, otherwise known as RA 7652, that allowed for a 50-year term, renewable once for up to 25 years.

The new law states that it provides for "a flexible and dynamic policy" to allow foreign investors to establish "industrial estates, factories, assembly or processing plants, agro-industrial enterprises, land development for industrial or commercial use...