World Bank Group Supports Cadastre Modernization in Panama to Improve Land Services and Facilitate Investment
United States, April 29 -- The World Bank's Board of Executive Directors approved up to $60 million in financing to support Panama in transforming its cadastral system to modernize land management and improve access to property services. This initiative will help strengthen investment climates and generate employment during its implementation.The Panama Cadaster Transformation Program for Results will make it possible to develop a modern and integrated multipurpose national cadaster system, where information on land and properties is consolidated on a shared, up-to-date digital platform that is accessible to citizens, municipalities, and public entities.Currently, only about 36 percent of the national territory has cadastral information, wh...
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