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Land Administration and Management Project

Abstract*

The Land Administration and Management Project for Montenegro are to improve the efficiency of permitting and the property registration system. The beneficiaries of the investment will be: (a) the public living within the municipalities as more order is brought to the built environment; and (b) the business community as more transparent and efficient processes for the establishment and operations of a business are facilitated. There are three components...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve the efficiency of permitting and property registration system.

Key Details

Project Details

  • P106906

  • Closed

  • Olivera Jordanovic , Victoria Stanley

  • Ministry of Finance

  • Montenegro

  • September 10, 2007

  • (as of board presentation)

    December 9, 2008

  • February 24, 2009

  • US$ 32.31 million

  • Ministry of Sustainable Development and Tourism of Montenegro,Real Estate Administration Department

  • Europe and Central Asia

  • 2009

  • US$ 16.20 million

  • B

  • Not Applicable

  • February 29, 2016

  • BANK APPROVED

  • October 12, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 16.11
International Bank for Reconstruction and Development 16.20

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 16.20
IDA Commitment N/A
IBRD + IDA Commitment 16.20
Lending Instrument
Grant Amount N/A
Total Project Cost** 32.31

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 31, 2015 IBRD-76470 Loan Disb 151,804.94
May 12, 2015 IBRD-76470 Loan Disb 341,893.03
Jun 23, 2015 IBRD-76470 Loan Disb 266,566.60
Jan 19, 2016 IBRD-76470 Loan Disb 114,628.16
Jan 7, 2016 IBRD-76470 Loan Disb 210,819.80
Oct 1, 2015 IBRD-76470 Loan Repay 1,305,056.00
Oct 1, 2015 IBRD-76470 Int Charges 1.10
Oct 1, 2015 IBRD-76470 Int Charges 6,750.64
Apr 1, 2014 IBRD-76470 Loan Repay 1,186,370.60
Apr 1, 2014 IBRD-76470 Int Charges 345.32
Apr 1, 2014 IBRD-76470 Int Charges 14,334.57
Dec 9, 2008 IBRD-76470 Loan Commitment 16,200,000.00
Oct 1, 2017 IBRD-76470 Loan Repay 1,424,403.00
Apr 1, 2018 IBRD-76470 Loan Repay 1,311,579.80
Oct 1, 2016 IBRD-76470 Int Charges 838.95
May 29, 2014 IBRD-76470 Loan Disb 318,947.03
May 2, 2014 IBRD-76470 Loan Disb 364,541.20
Apr 1, 2017 IBRD-76470 Loan Repay 1,363,661.80
Aug 27, 2014 IBRD-76470 Loan Disb 360,305.12
Jul 24, 2014 IBRD-76470 Loan Disb 265,008.88
Oct 1, 2014 IBRD-76470 Int Charges 125.88
Oct 1, 2014 IBRD-76470 Int Charges 18,161.33
Oct 1, 2014 IBRD-76470 Loan Repay 1,211,275.60
Nov 14, 2014 IBRD-76470 Loan Disb 214,474.77
Jan 16, 2015 IBRD-76470 Loan Disb 369,269.25
Aug 12, 2013 IBRD-76470 Loan Disb 626,012.50
Aug 7, 2013 IBRD-76470 Loan Disb 182,215.44
Oct 1, 2013 IBRD-76470 Int Charges 219.52
Oct 1, 2013 IBRD-76470 Int Charges 10,785.90
Nov 1, 2013 IBRD-76470 Loan Disb 577,832.40
Oct 1, 2013 IBRD-76470 Loan Repay 907,490.00
Dec 30, 2013 IBRD-76470 Loan Disb 237,681.38
Dec 27, 2013 IBRD-76470 Loan Disb 338,936.53
Feb 20, 2014 IBRD-76470 Loan Disb 373,292.50
Dec 5, 2013 IBRD-76470 Loan Disb 293,643.94
Jul 27, 2016 IBRD-76470 Loan Disb -56,206.27
Jul 27, 2016 IBRD-76470 Loan Cancel 56,165.40
Oct 1, 2016 IBRD-76470 Loan Repay 1,504,875.50
Oct 1, 2016 IBRD-76470 Int Charges 52.17
Dec 7, 2015 IBRD-76470 Loan Disb 163,812.98
Jan 27, 2016 IBRD-76470 Loan Disb 322,201.40
Feb 26, 2016 IBRD-76470 Loan Disb 311,596.80
Apr 1, 2016 IBRD-76470 Int Charges 56.05
Apr 1, 2016 IBRD-76470 Int Charges 5,522.51
Apr 1, 2016 IBRD-76470 Loan Repay 1,542,120.20
Sep 2, 2015 IBRD-76470 Loan Disb 343,450.56
Apr 1, 2015 IBRD-76470 Int Charges 125.77
Apr 1, 2015 IBRD-76470 Int Charges 8,512.22
Apr 1, 2015 IBRD-76470 Loan Repay 1,119,155.20

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2015-11-27
Financial Management Satisfactory 2015-11-27
Monitoring and Evaluation Satisfactory 2015-11-27
Overall Low 2015-11-27
Overall Safeguards Rating Satisfactory 2015-11-27
Counterpart Funding Satisfactory 2015-11-27
Procurement Satisfactory 2015-11-27
Project Management Satisfactory 2015-11-27
Overall Implementation Progress (IP) Moderately Satisfactory 2015-11-27
Overall Safeguards Rating Satisfactory 2015-11-27

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 08-23-2016
OutcomesSubstantial
Risk to Development OutcomeNegligible
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceSubstantial
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 05-22-2017PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeNegligibleN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencyModerately UnsatisfactoryN/a
Icr QualityModestN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of customers satisfied with services for real estate registration and planning and permittingValueLegal entity: 76.8%Natural persons: 4.18Legal entity: 4.02Natural person: 4.21Legal entity: 4.47Natural person: 4.38
    DateJune 30, 2010September 30, 2015December 31, 2015
    Comment
  • Decrease in time to receive a construction permit (central and municipal levels)Value6-12 months28-43 days1-2 months
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Avg no. of days to complete recordn of purchase/sale of property in land adm systmValue25.008.008.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Avg no. of days to complete recordn of purchase/sale of property–UrbanValue25.008.008.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Avg no. of days to complete recordn of purchase/sale of property–RuralValue25.003.308.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Improved procedures for registration prepared and in use in all officesValue0Further improvements in all 21 offices.21
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Preparation of plans in targeted municipalitiesValue02111
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Decrease in number of new illegally constructed buildings.Value3,725 new illegal structures per year.94% decrease compared to the baseline95% decrease compared to the baseline
    DateSeptember 30, 2007September 30, 2015December 31, 2015
    Comment
  • Decrease in time for MSPE approval of local spatial plans and urban plansValue6-12 months25 days2-4 months
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Automated systems for the REC developed and used by professional usersValueNoYesYes
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • READ offices physical layout improved for better customer serviceValue0.0012.0012.00
    DateDecember 31, 2008August 3, 2015December 31, 2015
    Comment
  • Pending cases at cadastral offices reduced to less than 8% of annual cases for all officesValue16.506.088.00
    DateDecember 31, 2008September 30, 2014December 31, 2015
    Comment
  • Increased participation of citizens in planning process in targeted municipalities under the projectValue0.0010474.0010940.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Increase in number of staff trained in planning processValue0.002497.001900.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Increased participation of citizens in planning process in targeted municipalities under the project - maleValue0.007081.007590.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment
  • Increased participation of citizens in planning process in targeted municipalities under the project - femaleValue0.003393.003350.00
    DateDecember 31, 2008September 30, 2015December 31, 2015
    Comment