Real Estate Cadastre & Registration Project

Abstract*

The Real Estate Cadastre and Registration Project for Macedonia aims at building an efficient and effective real estate cadastre and registration system, contributing to the development of efficient land and real estate markets. The project has the following four components: Component 1) will support the completion of real estate cadastre and registration of rights in all urban and peri-urban areas in the country by the end of 2009. Component 2) will... Show More

Development Objective

The objective of the project is to build an efficient and effective real estate cadastre and registration system, contributing to the development of efficient land and real estate markets.

Key Details

Project Details

Project ID
P083126
Status
Closed
Team Leader
Olivera Jordanovic , Victoria Stanley
Borrower 2
Ministry of Finance

Country
North Macedonia
Disclosure Date
June 21, 2004
Approval Date
(as of board presentation)
March 15, 2005
Effective Date
July 8, 2005

Total Project Cost 1
US$ 16.00 million
Implementing Agency
MOF- Authority for Legal and Property Affairs,Agency for Real Estate cadastre,Agency for Real Estate Cadastre
Region
Europe and Central Asia
Fiscal Year 3
2005

Commitment Amount
US$ 14.00 million
Environmental Category
B
Last Update Date
October 12, 2023
Closing Date
June 30, 2015

Last Stage Reached
BANK APPROVED

Associated Projects
P119688

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Public Sector Management

FY17 - Public Administration34%
- FY17 - Administrative and Civil Service Reform17%
- FY17 - Transparency, Accountability and Good Governance17%
FY17 - Rule of Law33%
- FY17 - Personal and Property Rights33%

FY17 - Urban and Rural Development

FY17 - Rural Development33%
- FY17 - Land Administration and Management33%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	14.00
Borrower/Recipient	2.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	14.00
IDA Commitment	N/A
IBRD + IDA Commitment	14.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	16.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Sep 15, 2023	IBRD-79280	Int Charges	132,654.67
Mar 15, 2023	IBRD-79280	Loan Repay	279,953.06
Mar 15, 2023	IBRD-79280	Int Charges	70,767.46
Mar 15, 2005	IBRD-47680	Loan Commitment	14,000,000.00
May 11, 2010	IBRD-79280	Loan Commitment	12,100,000.00
Mar 15, 2024	IBRD-79280	Int Charges	147,549.77
Mar 15, 2024	IBRD-79280	Loan Repay	286,921.28
May 19, 2015	IBRD-79280	Loan Disb	135,345.88
Jun 29, 2015	IBRD-79280	Loan Disb	6,348.86
Jun 18, 2015	IBRD-79280	Loan Disb	64,600.71
Sep 15, 2016	IBRD-79280	Int Charges	12,868.57
Mar 15, 2016	IBRD-79280	Int Charges	45.35
Mar 15, 2016	IBRD-79280	Int Charges	19,017.43
Oct 30, 2015	IBRD-79280	Loan Cancel	43,116.78
Sep 15, 2015	IBRD-79280	Int Charges	204.52
Sep 15, 2015	IBRD-79280	Int Charges	18,302.19
Sep 4, 2015	IBRD-79280	Loan Disb	372,665.16
Oct 7, 2015	IBRD-79280	Loan Disb	284,622.34
Nov 15, 2015	IBRD-47680	Int Charges	11,418.64
May 15, 2017	IBRD-47680	Int Charges	4,603.44
May 15, 2017	IBRD-47680	Loan Repay	439,946.90
Nov 15, 2016	IBRD-47680	Int Charges	5,275.79
Nov 15, 2016	IBRD-47680	Loan Repay	431,765.20
May 15, 2016	IBRD-47680	Int Charges	9,535.48
May 15, 2016	IBRD-47680	Loan Repay	445,491.40
May 15, 2016	IBRD-47680	Loan Repay	9,535.48
Mar 15, 2018	IBRD-79280	Int Charges	8,354.50
Nov 15, 2017	IBRD-47680	Loan Repay	4,109.21
Nov 15, 2017	IBRD-47680	Int Charges	4,109.21
Nov 15, 2017	IBRD-47680	Loan Repay	471,031.03
Sep 15, 2017	IBRD-79280	Int Charges	10,399.69
Mar 15, 2017	IBRD-79280	Int Charges	9,572.85
May 15, 2018	IBRD-47680	Loan Repay	3,651.40
May 15, 2018	IBRD-47680	Loan Repay	474,336.40
May 15, 2018	IBRD-47680	Int Charges	3,012.39
Sep 15, 2018	IBRD-79280	Int Charges	6,967.03
Sep 15, 2018	IBRD-79280	Loan Repay	308,273.75
Sep 15, 2019	IBRD-79280	Int Charges	9,562.36
Mar 15, 2019	IBRD-79280	Int Charges	7,919.73
Mar 15, 2019	IBRD-79280	Loan Repay	298,210.03
May 16, 2019	IBRD-47680	Loan Repay	449,412.00
May 16, 2019	IBRD-47680	Int Charges	2,356.73
Nov 15, 2018	IBRD-47680	Int Charges	2,582.32
Nov 15, 2018	IBRD-47680	Loan Repay	451,161.20
Nov 15, 2018	IBRD-47680	Loan Repay	2,582.32
Mar 15, 2020	IBRD-79280	Int Charges	1,382.80
Mar 15, 2020	IBRD-79280	Loan Repay	293,981.70
Sep 15, 2019	IBRD-79280	Loan Repay	292,203.40
Nov 15, 2019	IBRD-47680	Loan Repay	440,047.88
Nov 15, 2019	IBRD-47680	Int Charges	2,423.53
Nov 15, 2019	IBRD-47680	Int Charges	2.21
Nov 15, 2019	IBRD-47680	Loan Repay	2,425.74
Nov 15, 2020	IBRD-47680	Loan Repay	4,397.48
Nov 15, 2020	IBRD-47680	Loan Repay	949.58
Nov 15, 2020	IBRD-47680	Int Charges	3,447.90
Nov 15, 2020	IBRD-47680	Loan Repay	469,579.70
Mar 15, 2021	IBRD-79280	Int Charges	458.50
Mar 15, 2021	IBRD-79280	Loan Repay	314,306.70
Sep 15, 2020	IBRD-79280	Int Charges	480.91
Sep 15, 2020	IBRD-79280	Loan Repay	313,490.00
May 15, 2020	IBRD-47680	Int Charges	868.54
May 15, 2020	IBRD-47680	Loan Repay	432,661.34
Jun 1, 2022	IBRD-47680	Loan Repay	3,654.30
May 17, 2022	IBRD-47680	Loan Repay	398,499.56
Sep 15, 2021	IBRD-79280	Loan Repay	311,593.20
Nov 15, 2021	IBRD-47680	Loan Repay	459,258.12
May 15, 2021	IBRD-47680	Loan Repay	485,868.70
Sep 15, 2022	IBRD-79280	Loan Repay	262,921.16
Sep 15, 2022	IBRD-79280	Int Charges	2,447.04
Mar 15, 2022	IBRD-79280	Loan Repay	289,713.80
Sep 15, 2023	IBRD-79280	Loan Repay	280,730.25
Jul 11, 2013	IBRD-79280	Loan Disb	179,390.27
Jul 11, 2013	IBRD-79280	Loan Disb	115,279.44
Nov 15, 2014	IBRD-47680	Int Charges	26,455.14
Nov 15, 2014	IBRD-47680	Loan Repay	472,688.78
Nov 15, 2014	IBRD-47680	Loan Repay	26,455.14
Oct 24, 2014	IBRD-79280	Loan Disb	348,814.78
Jan 8, 2014	IBRD-79280	Loan Disb	75,415.76
Oct 25, 2013	IBRD-79280	Loan Disb	281,054.70
Sep 10, 2013	IBRD-79280	Loan Disb	401,920.44
Aug 7, 2013	IBRD-79280	Loan Disb	287,197.00
Jan 14, 2014	IBRD-79280	Loan Disb	434,061.66
Sep 11, 2013	IBRD-79280	Loan Disb	150,511.56
Sep 15, 2013	IBRD-79280	Int Charges	51.64
Sep 15, 2013	IBRD-79280	Int Charges	8,805.79
Apr 24, 2014	IBRD-79280	Loan Disb	203,662.78
May 15, 2014	IBRD-47680	Int Charges	24,278.54
May 15, 2014	IBRD-47680	Loan Repay	523,474.30
May 15, 2014	IBRD-47680	Loan Repay	24,278.54
Apr 22, 2014	IBRD-79280	Loan Disb	93,068.39
Mar 17, 2014	IBRD-79280	Loan Disb	407,917.53
Mar 15, 2014	IBRD-79280	Int Charges	196.58
Mar 15, 2014	IBRD-79280	Int Charges	15,309.82
Feb 18, 2014	IBRD-79280	Loan Disb	115,833.74
Feb 18, 2014	IBRD-79280	Loan Disb	399,967.94
Nov 15, 2013	IBRD-47680	Int Charges	8,423.83
Nov 15, 2013	IBRD-47680	Int Charges	13,848.39
Nov 15, 2013	IBRD-47680	Loan Repay	517,098.38
Nov 15, 2013	IBRD-47680	Loan Repay	22,272.22
Dec 5, 2013	IBRD-79280	Loan Disb	184,323.39
Dec 5, 2013	IBRD-79280	Loan Disb	288,316.12
Jun 18, 2015	IBRD-79280	Loan Disb	71,057.18
Apr 8, 2015	IBRD-79280	Loan Disb	45,953.76
Jul 30, 2014	IBRD-79280	Loan Disb	239,519.20
Mar 15, 2015	IBRD-79280	Int Charges	236.57
Mar 15, 2015	IBRD-79280	Int Charges	14,897.07
Sep 15, 2014	IBRD-79280	Int Charges	182.10
Sep 15, 2014	IBRD-79280	Int Charges	22,541.82
Mar 4, 2015	IBRD-79280	Loan Disb	201,065.77
Sep 12, 2014	IBRD-79280	Loan Disb	46,187.73
Jan 7, 2015	IBRD-79280	Loan Disb	139,502.77
Sep 9, 2014	IBRD-79280	Loan Disb	291,403.34
Mar 26, 2015	IBRD-79280	Loan Disb	45,134.99
Mar 11, 2015	IBRD-79280	Loan Disb	42,913.33
Dec 18, 2014	IBRD-79280	Loan Disb	134,065.88
Jan 30, 2015	IBRD-79280	Loan Disb	180,605.80
Feb 17, 2015	IBRD-79280	Loan Disb	248,179.42
Jun 27, 2014	IBRD-79280	Loan Disb	233,774.38
Jul 15, 2014	IBRD-79280	Loan Disb	63,856.70
Nov 15, 2015	IBRD-47680	Loan Repay	432,727.75
Jun 4, 2015	IBRD-79280	Loan Disb	55,999.68
Jun 8, 2015	IBRD-79280	Loan Disb	52,002.85
Jun 4, 2015	IBRD-79280	Loan Disb	93,064.92
May 21, 2015	IBRD-79280	Loan Disb	11,119.95
May 21, 2015	IBRD-79280	Loan Disb	133,612.39
May 21, 2015	IBRD-79280	Loan Disb	5,206.19
Jul 6, 2015	IBRD-79280	Loan Disb	68,742.08
Jul 6, 2015	IBRD-79280	Loan Disb	35,618.70
Apr 29, 2015	IBRD-79280	Loan Disb	57,807.04
Apr 29, 2015	IBRD-79280	Loan Disb	51,732.26
Apr 2, 2015	IBRD-79280	Loan Disb	202,123.02
Jun 24, 2015	IBRD-79280	Loan Disb	224,030.00
May 15, 2015	IBRD-47680	Int Charges	15,071.07
May 15, 2015	IBRD-47680	Loan Repay	440,517.30
May 15, 2015	IBRD-47680	Loan Repay	15,071.07

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Highly Satisfactory	2015-06-12
Procurement	Satisfactory	2015-06-12
Counterpart Funding	Moderately Satisfactory	2015-06-12
Project Management	Satisfactory	2015-06-12
Financial Management	Satisfactory	2015-06-12
Monitoring and Evaluation	Satisfactory	2015-06-12
Overall Implementation Progress (IP)	Satisfactory	2015-06-12

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-17-2015
Outcomes	Highly Satisfactory
Risk to Development Outcome	Negligible
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Moderately Satisfactory
Implementing Agency	Highly Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-14-2016	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Highly Satisfactory	N/a
Risk To Development Outcome	Negligible	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Highly Satisfactory	N/a
Icr Quality	Substantial	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Increased number of transactions in land and real estate Value 93,240 Baseline plus 58% Baseline plus 20%
Date December 31, 2009 May 31, 2015 June 30, 2015
Comment

Increased satisfaction of customers with efficiency of the system	Value	3.67 for AREC	3.6 for AREC; 3.3 for ALPA	3.8 (out of 5) for AREC; 3.5 (out of 5) for ALPA.
	Date	November 10, 2009	September 30, 2014	June 30, 2015
	Comment

Increased number of mortgages using property as collateral Value 6,261 Baseline plus 179% Baseline plus 20%
Date December 31, 2009 May 31, 2015 June 30, 2015
Comment
Increased utilization of digital records supporting registration and cadastre services. Value 20.75 63.90 70.00
Date December 31, 2009 September 30, 2014 June 30, 2015
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Percentage of transactions registered within the established service standards.	Value	30%	90 percent registered within 3 days (the establish	90% registered within 3 days
	Date	January 31, 2005	May 31, 2015	June 30, 2015
	Comment

Key land and real estate policies formulated and adopted. Value n/a 5 land policies formulated 5 land policies formulated
Date January 31, 2005 May 31, 2015 June 30, 2015
Comment

Strategy for ALPA role and mandate produced	Value	No strategy	Strategy completed in year 3 and implementation un	Strategy completed in year 3 and implementation un
	Date	May 31, 2010	May 31, 2015	June 30, 2015
	Comment

AREC web portal created and digital cadastre maps available online for 70% of territory	Value	No AREC Portal; digital cadastre maps available on	AREC web portal in the final testing stage, operat	AREC web portal created and digital cadastre maps
	Date	May 31, 2010	May 31, 2015	June 30, 2015
	Comment

NSDI strategy completed Value no NSDI strategy NSDI strategy completed and adopted by the governm NSDI strategy completed and adopted by government
Date April 30, 2009 May 31, 2015 December 31, 2013
Comment

GNSS transformation parameters available for public use	Value	no accurate transformation parameters available	1,998 triangulation points observed and available	2,000 triangulation points completed and available
	Date	December 31, 2009	May 31, 2015	June 30, 2015
	Comment

Target popln with use or ownership rights recorded as a result of the project Value 0.00 1109500.00 1109500.00
Date December 31, 2005 May 31, 2015 December 31, 2010
Comment
Avg no. of days to complete recordn of purchase/sale of property in land adm systm Value 30.00 1.00 1.00
Date December 31, 2005 May 31, 2015 June 30, 2015
Comment
Land parcels with use or ownership rights recorded as a result of the project Value 0.00 1733000.00 1733000.00
Date December 31, 2005 May 31, 2015 December 31, 2010
Comment
Target land area with use or ownership rights recorded as a result of project Value 0.00 1367800.00 1367800.00
Date December 31, 2005 May 31, 2015 December 31, 2010
Comment
Regular M&E system fully functional. Value No M&E system. M&E system fully functional. M&E system fully functional.
Date December 31, 2005 May 31, 2015 June 30, 2015
Comment
Customer surveys are implemented. Value No customer surveys conducted. Customer surveys conducted. Customer surveys conducted.
Date December 31, 2005 May 31, 2015 June 30, 2015
Comment

AREC has completed and adopted a strategic plan, a human resources development plan.	Value	No strategic business plan, no HR development plan	Strategic Business Plan and HR development plan co	Strategic Business Plan and HR development plan re
	Date	December 31, 2005	May 31, 2015	June 30, 2015
	Comment

Number of ALPA offices renovated and outfitted Value 0 25 24
Date December 31, 2009 May 31, 2015 June 30, 2015
Comment
Number of urban land privatization cases resolved Value 64500.00 179485.00 170000.00
Date December 31, 2009 May 31, 2015 June 30, 2015
Comment
Avg no. of days to complete recordn of purchase/sale of property–Urban Value 30.00 1.00 1.00
Date December 31, 2005 May 31, 2015 June 30, 2015
Comment
Avg no. of days to complete recordn of purchase/sale of property–Rural Value 10.00 1.00 1.00
Date December 31, 2005 May 31, 2015 June 30, 2015
Comment
Land parcels with use/ownership rights recorded as a result of project-female Value 0.00 468000.00 468000.00
Date December 31, 2005 May 31, 2015 December 31, 2010
Comment

Increased number of transactions in land and real estate	Value	93,240	Baseline plus 58%	Baseline plus 20%
	Date	December 31, 2009	May 31, 2015	June 30, 2015
	Comment

Increased number of mortgages using property as collateral	Value	6,261	Baseline plus 179%	Baseline plus 20%
	Date	December 31, 2009	May 31, 2015	June 30, 2015
	Comment

Increased utilization of digital records supporting registration and cadastre services.	Value	20.75	63.90	70.00
	Date	December 31, 2009	September 30, 2014	June 30, 2015
	Comment

Key land and real estate policies formulated and adopted.	Value	n/a	5 land policies formulated	5 land policies formulated
	Date	January 31, 2005	May 31, 2015	June 30, 2015
	Comment

NSDI strategy completed	Value	no NSDI strategy	NSDI strategy completed and adopted by the governm	NSDI strategy completed and adopted by government
	Date	April 30, 2009	May 31, 2015	December 31, 2013
	Comment

Target popln with use or ownership rights recorded as a result of the project	Value	0.00	1109500.00	1109500.00
	Date	December 31, 2005	May 31, 2015	December 31, 2010
	Comment

Avg no. of days to complete recordn of purchase/sale of property in land adm systm	Value	30.00	1.00	1.00
	Date	December 31, 2005	May 31, 2015	June 30, 2015
	Comment

Regular M&E system fully functional.	Value	No M&E system.	M&E system fully functional.	M&E system fully functional.
	Date	December 31, 2005	May 31, 2015	June 30, 2015
	Comment

Customer surveys are implemented.	Value	No customer surveys conducted.	Customer surveys conducted.	Customer surveys conducted.
	Date	December 31, 2005	May 31, 2015	June 30, 2015
	Comment

Number of urban land privatization cases resolved	Value	64500.00	179485.00	170000.00
	Date	December 31, 2009	May 31, 2015	June 30, 2015
	Comment

Avg no. of days to complete recordn of purchase/sale of property–Rural	Value	10.00	1.00	1.00
	Date	December 31, 2005	May 31, 2015	June 30, 2015
	Comment