Second Land and Real Estate Registration Project

closed

The objective of the Second Land and Real Estate Registration Project for Kyrgyz Republic is to support markets for land and real estate and the more intensive and effective use of land and real estate. This will be done through the further development of a reliable and well-functioning system for registration of rights in immovable property. There are three components to the project. The first component is the organizational development and improved services. This component will develop Gosregister as an organization, and also improve Gosregister's services and management of its resources. Performance, strategy, and communications, resulting in a permanent unit which has the capacity and resources to monitor all aspects of Gosregister performance, recommend strategic and other improvements, and communicate effectively with all stakeholders. Organizational structure and facilities, resulting in all operational and capital maintenance expenses, including those of headquarters functions, covered by income from registration. The second component is the expanding spatial and legal Land and real estate data. It will expand the scope of Gosregister's information assets. Valuation support, resulting in development and operation of valuation software for use by Government, subject to parliamentary approval of implementing regulations, and improved access to land and real estate market information. Finally, the third component is the professional development and standards. Support for education and professional bodies, resulting in upgraded curricula in educational institutions that teach topics such as real property economics; at least 9 courses with 900 participants addressing land and real property economics, valuation, land management, land administration, land law, surveying and related subjects; and improved licensing arrangements and standards for relevant private sector contractors.