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Paraguay will improve security of land ownership with IDB support

Program will finance titling and registration of parcels, standardization of cadastral data, and registration of 543,000 properties

The Inter-American Development Bank (IDB) approved a $25 million loan for a program to improve agricultural productivity in Paraguay by increasing security of property ownership.

The objective of the Cadastre and Property Registry Program II is to increase agricultural productivity in nine districts by 9 percent, improve the value of property values in these districts by 9 percent, and consolidate and standardize information on 543,000 farms in the Cadastre and Registry Information System (SICAR).It also aims to increase from zero to 60 percent the percentage of the country’s land area with rural cadastral mapping and formalize land titling and registration in 79 colonies of the National Rural and Land Development Institute (INDERT).

"This program is very important for providing continuity to the process of regularization of land tenure, which is essential for increasing agricultural investment and production in an agricultural exporting country such as Paraguay," said Gonzalo Muñoz, IDB project team leaders.

The program will strengthen the implementation of a cadastral management, formalization, and land registration system that is accessible, comprehensive, efficient, reliable, and continuously updated.It will deepen the process of modernization of the cadastre and land registry, promote formalized land ownership, and create and strengthen the National Cadastre Registry.

The program will finance cadastral mapping data and land ownership data in nine districts, cadastral mapping for properties larger than 100 hectares throughout the country, and consolidation of the cadastral database and its link to the data registry.

Activities in the registration area include digital scanning of files and linking them to cadastral data, and the establishment of seven regional offices to decentralize and strengthen the cadastre registry services.

Information campaigns on land formalization will be carried out as well as the establishment of mediation services to resolve conflicts, and creation of a Titling Technical Unit under INDERT for persons occupying land belonging to the government.

This program was preceded by the IDB-financed Cadastre and Property Registry Program I, which resulted in the opening of three regional cadastre and registry offices, digital scanning of 100 percent of the urban and rural alphanumeric cadastral data, digital scanning of 100 urban cadastral maps, digital scanning of more than 1,000,000 registry entries, and design and implementation of the SICAR.

The IDB loan for $25 million was extended for a 25-year term with a five-year grace period and a variable interest rate based on LIBOR. Local counterpart financing totals $4.2 million.

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