Nicaragua Property Rights Strengthening Project (WB-P163531)

Countries
  • Nicaragua
Where the impacts of the investment may be experienced.
Specific Location
Nueva Segovia, Jinotega, Matagalpa, Boaco, Chontales, Río San Juan
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 15, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Republic of Nicaragua, Nicaragua Attorney General's Office
The holder of the loan, grant, or other investment.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 50.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Jul 12, 2018

Disclosed by Bank Oct 11, 2017


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Project Description

According to the World Bank, the development objective of the Property Rights Strengthening Project for Nicaragua is to provide beneficiaries in selected municipalities with updated and integrated cadastral and property registry information improved land administration services.

The project design centers around three strategic themes: (i) fine-tuning the institutional and policy framework and integrating systems, (ii) expanding cadastral, regularization and titling services to the central region of the country, (iii) strengthening of municipal capacities for land administration and territorial planning.

The Project includes five components. The first four components are directly related to outcomes (a) and (b), while Component 5, consistent with the strategic approach taken for Nicaragua, corresponds to potential support for immediate emergency recovery.

  1. Institutional and policy framework and system integration.
  2. Cadastre, regularization and titling services.
  3. Municipal land administration services.
  4. Project management, monitoring and evalutation 
  5. Contingent emergency response component.
Investment Description
  • World Bank (WB)

Funding will come from the International Development Association 

Contact Information

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