Today.Az » Business » WB lends $30 million for Real Estate Registration Project
24 March 2007 [20:33] - Today.Az
The World Bank has set aside a $30 million loan for the Real Estate Registration Project in Azerbaijan with a grace period of 5 years, the World Bank announced on March 22.
The objective of the project is to ensure a reliable, transparent and efficient real estate registration system to improve both the legal security for real estate and the management and use of State-owned immovable property in the country. Azerbaijan has been a WB member since 1992. WB has lent over $1 billion on 36 projects in Azerbaijan for the past 15 years. AzerTAg
|
