Evidence from Investment Climate Assessments, Doing Business Reports, and other studies has highlighted that constraints in the land market form a critical bottleneck to private investment. Major concerns of investors are related to accessing land, securing land property rights, and the time and cost for obtaining a myriad of permits to develop land.
The Access to Land Advisory Services team focuses on assisting governments in implementing achievable short-term land reforms to encourage investment and lay the groundwork for longer term reforms. Access to Land technical assistance focuses on:
- Accessing land - designing and implementing a more effective system for making serviced land available for new and expansion investment;
- Securing land – developing simpler and more transparent procedures for investors to acquire and secure land property rights, with lower transaction costs;
- Developing land - simplifying and streamlining the multi-agency approvals to reduce the time and cost for investors to comply with the zoning, environment and building safety requirements and obtain the utility hookups.
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