Dear Mr.Raghavan,
The term will be under a progressive lease rate and schedule:
1st five years Php12,000/ha. (360,000 Php)
2nd five years Php14,000/ha. (420,000 Php)
3rd five years Php17,000/ha. (510,000 Php)
4th five years Php20,000/ha. (600,000 Php)
5th five years Php22,000/ha. (660,000 Php)
Lease contract will automatically renewed after 25 years.
Please send me your responce at my e-mail address,
<bernard_velmonte@yahoo.com>