Fri 10 2016 11:56:56
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan signed one loan agreement with international financial institutions (IFI) in the third quarter of 2016. According to the Ministry of Finance of Uzbekistan, Uzbekistan and World Bank signed a loan agreement on the Modernization of Real Property Registration and Cadastre Project. Total cost of the project is US$35.77 million. The World Bank issued loans for US$20 million. The goal of the project is to improve the efficiency and accessibility of the real property registry and cadastre system as part of the 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. It will enhance the operations of this government body by improving its regulatory and operational framework and capacities, and expanding geospatial data exchange and dissemination.