Bank Of Baku

Azerbaijan and KfW sign agreement on Cadastre and Real Estate Registration Project

Azerbaijan and KfW sign agreement on Cadastre and Real Estate Registration Project
# 04 February 2009 10:22 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. Azerbaijan’s State Real Estate Registration Service and the German Development Bank (KfW) have signed an agreement on the financing of the tender specialists and the conceptual phase of the Cadastre and Real Estate Registration Project for Ganja and Sheki. The project costs €453 000.
The aim of the project is to prepare a digital map cadastre of real estate objects in these areas, create conditions for more rational use of citizen-owned land, ensure activity and transparency in the real estate market and spur economic development in the region.
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THE OPERATION IS BEING PERFORMED