Real Estate Registration Project (WB-P168576)

Countries
  • Palestine, West Bank, Gaza
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
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 28, 2019
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
Palestine Liberation Organization
The holder of the loan, grant, or other investment.
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, etc.
Project Cost (USD)
$ 5.00 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 Feb 14, 2019

Disclosed by Bank Dec 21, 2018


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Project 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
  • World Bank (WB)
Contact Information

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.