Over 110,000 State-Owned Land Leases Approaching Expiry; Ministry of Finance Reminds to Renew by End of 2027
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Over 110,000 state-owned land lease agreements nationwide are set to expire by the end of 2027. The National Property Administration, Ministry of Finance, is urging tenants to apply for renewal before the deadline to ensure continued lease relationships, with renewed terms extending until the end of 2035.