Moldova will receive EUR 30.1 million to strengthen the land system

The Republic of Moldova will receive 30.1 million of Euro for the implementation of the Land Registration and Land Assessment Project. The Government today approved the draft law for ratification of the Financing Agreement between our country and the International Development Association, signed in Chisinau on 17 September 2018.

Assigned money will be allocated for primary and real estate valuation, consolidation of project management and land management. Thus, the implementation of the Land Registration and Land Assessment Project will improve the quality of public services, accountability to institutions and increase the transparency of the land management and property valuation system.

With the implementation of this project, the number of lending and leasing contracts for public land will be stimulated, and land registration will generate economic benefits.

At the same time, the project will also be based on the current work of the Government and the World Bank on the modernization of the tax administration and government services (eGovernment). The partnership framework of the Republic of Moldova with the World Bank provides financial support for our country through several instruments. Until now, the World Bank has allocated over $ 1 billion to more than 60 projects in various areas.

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