ASEAN countries extend foreigners’ leasehold periods

3 June 2015
Gulf Times
Economy and commerce / Foreign investors / Industries / Investment / Investment policy and regulations / Land / Real estate
Association of Southeast Asian Nations (ASEAN)

Countries of the Association of Southeast Asian Nations (ASEAN) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use to speed up the development of six special economic zones in the country, up from formerly 50 years. …

 Gulf Times News Staff
http://bit.ly/1SXnPEe

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