Real estate cadastre and rights registration project financed through the World Bank's loan and through other donor projects
Tesla, Nenad et al.
Social changes and endeavors to implement a market economy after the year 2000, necessitated the need to establish a well-maintained (up-to-date) system for Real Estate Cadastre and rights registration on the whole of the Republic of Serbiaas territory. Preparations have been initiated and feasibility studies enacted, including the analysis of cost coverage regarding the expanses of the Real Estate Cadastre and rights registration Project, all of it resulting in a World Bankks loan. The Projectts main goal is to support development, investments and general benefits of the real estate market for the whole of the Republic of Serbia, by implementing a Real Estate Cadastre, as a singular real estate and real estate rights register. The value of the Project is 30 000 000 $ (WB loan) and 9 5140 000 $ (drawn from the budget of the Republic of Serbia), with the implementation period being six years. The Project is expected to end in 2010. The Project consists of two main components: technical and operational development and support, utilizing 86% of the total loan funds, while the institutional development and capacity building account for 16% of the project funds. The goal of the first component is to support Republic Geodetic Authority as an institution relevant for Project implementation, in accelerating the establishment and maintenance of the Real Estate Cadastre, while upgrading services offered to its end users. On the other hand, the goal of the second component is to stimulate institutional development and establishment of adequate capacities, by promoting and modernizing business procedures, legal regulation development, staff training and human resource development. The Project is financed by the World Bank, and supported by numerous donor projects, financed by member states of the European Union, that will be further elaborated within this paper.
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