| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 32.50 |
Second Real Estate Management Project
Abstract*
The Second Real Estate Management Project will build upon activities completed under the ongoing Real Estate Management Project (P147050) and its Additional Financing. REMP 2 would be implemented by the Republic Geodetic Authority (RGA), and components envisioned under the proposed project include:
Component A: Implementation of the Property Mass Valuation System. This component will support (i) the rollout of mass valuation models for residential... Show More
Development Objective
To improve the transparency, accessibility, and reliability of Serbia’s real property management systems.
Key Details
Project Details
P500611
Active
Olivera Jordanovic , Caleb Johnson
Republic of Serbia
Serbia
October 25, 2023
(as of board presentation)
July 29, 2024
December 16, 2024
US$ 0.00 million
Republic Geodetic Authority
2025
US$ 32.50 million
N/A
N/A
July 31, 2029
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 32.50 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 32.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | N/A |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jul 29, 2024 | IBRD-97110 | Loan Commitment | 32,500,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-10-29 |
| Financial Management | Satisfactory | 2024-10-29 |
| Monitoring and Evaluation | Satisfactory | 2024-10-29 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-10-29 |
| Procurement | Satisfactory | 2024-10-29 |
| Project Management | Satisfactory | 2024-10-29 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.