1. Contract #TQGbsHxP
Date
2009-08-30
Expiration date
2024-08-29
Duration of the agreement
15 years
Comment on contract
The investor/ company has at least 104 leasing contracts with individual members of Nagkahiusang Mag-uuma sa Guinhalinan (NAGMASAGUICO) with a total land area of 237.14 hectares.
These contracts were signed from 2009 to 2012, which means that these contracts will expire from 2024 to 2027 with the 15-year AVA contract. However, there is the chance for it to be extended up to 25 years since land lease agreements are usually 25 years in terms of length.
The contracts are upon renewal on contract expiration.