Real Estate Registration Project (WB-P168576)

Countries
  • Palestine, West Bank, Gaza
Geographic location where the impacts of the investment may be experienced.
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
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 28, 2019
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Palestine Liberation Organization
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 5.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Feb 14, 2019

Disclosed by Bank Dec 21, 2018

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank documents, the development objective of the proposed project is to improve services to businesses and citizens in real estate registration. The proposed project aims to improve the business environment and facilitate private sector development in the Palestinian territories.

This objective will be achieved through:

  1. advancing the registration of all properties in the Palestinian territories, particularly in Areas A and B;
  2. improving service delivery to citizens and businesses in property registration-related transactions; and
  3. enhancing private sector participation in the property sector.

The proposed project components are summarized as follows:

  1. Property Registration. This component will provide financial support and TA to the LWSC and the PLA to advance the systematic registration of all properties in the Palestinian territories with the focus on Areas A and B. The support will accelerate the on-going registration effort with the aim of completing Areas A and B by the end of the project. Financing will be based on outputs of property surveyed, registered, and titles issued.
  2. Enhancing Registration and Transaction Services at the PLA. This component will build on and learn from the earlier work conducted under LAP-I and LAP-II to assist the government to modernize the functions of the PLA and develop the agency’s capacity to transform it into an efficient, service-oriented organization. The component would also provide support to improve services provided by the PLA by reducing the time to register transactions, move to an eservice platform, and improve overall customer satisfaction. This component will support the development of a national Geodetic Reference Framework (PAL-GRF) that is linked to the global one and provide the foundation for all mapping in Palestine.
  3. Maximize Financing for Development. The component will facilitate enhancing private sector access to real estate through supporting the PLA and LWSC to establish streamlined and accelerated procedures for registering properties on demand for businesses. The component would also investigate the feasibility of private sector participation, specifically for land administration, in line with international good practices.
  4. Project Management. This component will support project management through support to the development and implementation of project management functions in the PLA and LWSC, including the development of a Project Management Information System that will monitor the work plan and budget, targets and outputs.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

World Bank:
Wael Zakout
Senior Technical Advisor

Borrower:
Palestine Liberation Organization (for the benefit of the Palestinian Authority)

Implementing Agencies:
Land and Water Settlement Commission (LWSC)
Judge Musa Shakarneh
Head
mohshkarna@lwsc.ps

Palestine Land Authority (PLA)
Judge Musa Shakarneh
Acting Chairman
mohshkarna@lwsc.ps 

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.

How it works

How it works