WB approves loan to modernize Uzbekistan’s cadastre system

The World Bank's (WB) Board of Executive Directors approved a $20 million International Development Association (IDA) credit for Modernization of Real Property Registration and Cadastre Project in Uzbekistan, the WB Tashkent office told Trend May 25.

It is expected that a credit agreement will be signed in June-July 2016.

The office also said the goal of the project is to improve the efficiency and accessibility of the real property registry and cadastre system as part of the country's national e-government structure and services.

The project will focus on establishing an electronic and unified real property registry and cadastre in the State Committee of the Republic of Uzbekistan on Land Resources, Geodesy, Cartography and State Cadastre, and will be implemented nationwide.

The transition from a paper-based to a computer-based integrated land registry and cadastre will enable the country to improve the transparency of real property ownership and transactions, to allow public online access to geospatial data, and to improve customer services.

Uzbekistan joined the World Bank in 1992. The World Bank's mission in the country is to improve people's livelihoods by being a partner in economic reforms, supporting the modernization of the country's social sectors and infrastructure, and sharing its knowledge and experience with the government and the people of Uzbekistan.

Current World Bank commitments to Uzbekistan amount to about $2 billion.

/By Trend/