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Add to Preferred SourcesThe World Bank Board of Executive Directors approved a loan to the Republic of Croatia for the Integrated Land Administration System Project (ILAS) in the amount of EUR 19.7 million (US$ 24.07 million equivalent).
This provides additional funding to an ongoing, well-performing project lead by the Ministry of Justice (MoJ) and the State Geodetic Administration (SGA).
The Loan will help modernize Croatia’s land administration and management system to improve the efficiency, transparency, and cost-effectiveness of government services to the benefit of the public, businesses and government institutions.
Under the ongoing project, the average time to register mortgages and real property transactions decreased significantly from 46 days to 12 days in Land Registry Offices (LROs) and from 30 to 8 days in Cadaster Offices (COs), Croatia’s Doing Business ranking in the ease of registering property improved from a place of 111 to 59, on a scale of 190 economies, and the very first e-services for land administration were introduced.
One of the greatest achievements under the project was the November 2016 rollout of the Joint Information System (JIS) to all LROs and COs.
“Croatia’s land administration system has undergone a profound transformation over the last decade. Yet significant investments are still necessary to move to a more efficient, paperless and less costly system, and to further expand the government’s e-services agenda under which all digital services are to be expanded, unified and more accessible to the citizens,” said Elisabetta Capannelli, World Bank Country Manager for Croatia and Slovenia. “A modern and efficient land administration system contributes to entrepreneurship development, strengthening Croatia’s competitiveness and improving the efficiency of the public sector and we look forward to continue supporting this transformation process.”
This project will improve the land administration to promote legal security in real estate transactions, with a positive impact on Croatia’s investment climate. It will support the continued automation of land administration services, reduce registration time, improve the quality of real property data and advance the integration of cadaster and land registration services.
Original source: World Bank
Published on 1 August 2018