Public Disclosure Authorized Public Disclosure Authorized Implementation Status & Results Macedonia, former Yugoslav Republic of Real Estate Cadastre & Registration Project (P083126) Operation Name: Real Estate Cadastre & Registration Project (P083126) Project Stage: Implementation Seq.No: 22 Status: ARCHIVED Archive : 01-Jun-2013 Country: Macedonia, former Yugoslav Republic of Approval FY: 2005 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Agency for Real Estate Cadastre, Ministry of Finance Key s Board Approval 15-Mar-2005 Original Closing 31-Dec-2009 Planned Mid Term Review 10-Dec-2007 Last Archived ISR 24-Dec-2012 Effectiveness 08-Jul-2005 Revised Closing Actual Mid Term Review 10-Dec-2007 Project Development Objectives Project Development Objective (from Project Appraisal Document) 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. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) losure Authorized Public Disclosure Authorized Component Name Component Cost Completion of the Real Estate Cadastre and Registration of Rights 6.62 Institutional Development and Improving Service Delivery 4.66 Development of Land Policy and Regulatory Framework 0.70 Project Management 0.79 Digital Cadastre Map and Web-GIS 5.40 Support for ALPA 1.10 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status Overview The loan disbursement ceiling imposed on the Project in September 2011 due to serious fiscal constraints, which had been halting the implementation progress and putting the Page 1 of 6
Project Development Objective (PDO) in risk of not being achieved, was lifted in February 2013. The implementation progress was substantially improved, as both agencies took immediate steps to finalize contracting that was pending due to insufficient funding. The Ministry of Finance requested the World Bank to extend the Additional Financing loan and to restructure the project's results framework to: (i) address delays that occurred as a result of insufficient funding over the period of 16 months; and (ii) better capture the impact of additional financing on digitalization process by adding a new indicator. The Government also requested Bank's support for implementation of the new Law on Cadastre which requires the Agency for Real Estate Cadastre (AREC) to conduct a registration of rights on infrastructure. The Project had achieved its PDO targets under the original loan, and it has already achieved the increased PDO targets under the Additional Financing, except the one related to customer satisfaction. Locations Country First Administrative Division Location Planned Actual Macedonia Not Entered Opstina Skopje Macedonia Not Entered Skopje Macedonia Not Entered Opstina Bitola Macedonia Not Entered Opstina Gostivar Macedonia Not Entered Opstina Kicevo Macedonia Not Entered Opstina Kumanovo Macedonia Not Entered Opstina Struga Macedonia Not Entered Opstina Tetovo Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Increased number of transactions in land and Text Value AF baseline = 93,240 AF baseline plus 48 % AF baseline plus 10% real estate 31-Dec-2009 original baseline = 42,116 from 2005 Increased satisfaction of customers with efficiency of the system This is an annual indicator. There have been 138,122 transactions in 2012. This presents 48% increase over the baseline. Increasingtrend continues. and exceeded. Original target for 2009 was original baseline from 2005 plus 20%. and exceeded. Text Value 3.67 for AREC 3.6 4.0 (out of 5) for AREC 10-Nov-2009 Page 2 of 6
Increased number of mortgages using property as collateral 1-5 scale. Next survey expected in 2011 and baseline for ALPA 1-5 scale. Survey performed every other year. The latest one completed in June 2012. This survey was a baseline survey for ALPA. Should the Project be extended there would be another survey in 2014. Text Value AF baseline = 6,261 AF baseline plus 64.75 % AF baseline plus 10% 31-Dec-2009 original baseline = 2,920 from 2005 This is an annual indicator. This is 64.75% increase over the baseline in 2012. The trend continues. Target achieved and exceeded. original target for 2009 was original baseline from 2005 plus 20%. and exceeded. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Percentage of transactions registered within Text Value 30% 100% of all mortgages and 90% registered within 3 days the established service standards. bying-selling transactions registered in 1 day. 31-Jan-2005 AREC needs to improve the service standards that relate to transactions requiring a change in the cadastre plan; and the standards for registration in REC in maintenance. These two currently take 6 and 8 days in the busiest office in Skopje. Key land and real estate policies formulated Text Value n/a 3 5 land policies and adopted. 31-Jan-2005 State Land Management, Indemnity Fund policy studies and NSDI strategy completed. Feasibility Study on Mass Property Appraisal (fourth study) to start by July. Cadastre maps are maintained digitally for 70% Percentage Value 1.60 24.00 70.00 of the territory 31-May-2010 Page 3 of 6
Additional 52% of the territory is vectorized (first stage of digitization process). Maintenance in digital form requires additional 12-18 months to be achieved. End target of 70% can't be achieved by the Closing. Strategy for ALPA role and mandate produced Text Value no strategy no strategy strategy completed in year 2 and implementation underway 31-May-2010 AREC web portal created and digital cadastre maps available online for 70% of territory strategy development ongoing. Text Value no portal no portal created; 24% of the territory covered with digital maps. 31-May-2010 AREC has developed a geoportal which supports only rudimentary WebGIS functionalities. New Data Model (DM) has been developed. Target not to be achieved by the Closing. Additional 18 months needed for target to be achieved. NSDI strategy completed Text Value no NSDI strategy NSDI strategy completed and adopted by the government. GNSS transformation parameters available for public use Target will not be achieved in terms of strategy being completed in year 2. portal created and 70% of territory covered with digital maps online strategy completed and adopted by government 30-Apr-2009. Text Value no accurate transformation 1,988 triangulation points parameters available observed but not available for on-line use. 31-Dec-2009 2,000 triangulation points completed and available for public use Annual indicator. No new triangulation points observed due to the lack of funds. Target unlikely to be achieved by the Closing. Page 4 of 6
Target popln with use or ownership rights recorded as a result of the project Avg no. of days to complete recordn of purchase/sale of property in land adm systm Avg no. of days to complete recordn of purchase/sale of property Urban Avg no. of days to complete recordn of purchase/sale of property Rural Land parcels with use or ownership rights recorded as a result of the project Land parcels with use/ownership rights recorded as a result of project-female Target land area with use or ownership rights recorded as a result of project Number Value 0.00 1109500.00 1109500.00 31-Dec-2005. Number Value 30.00 1.00 1.00 31-Dec-2005 Number Value 30.00 1.00 1.00 Sub Type 31-Dec-2005 Breakdown Number Value 10.00 1.00 1.00 Sub Type 31-Dec-2005 Breakdown Number Value 0.00 1733000.00 1733000.00 31-Dec-2005 Number Value 0.00 468000.00 468000.00 Sub Type 31-Dec-2005 Breakdown Hectare(Ha) Value 0.00 1367800.00 1367800.00 31-Dec-2005 Data on Financial Performance (as of 18-Apr-2013) Financial Agreement(s) Key s Project Ln/Cr/Tf Status Approval Signing Effectiveness Original Closing Revised Closing P083126 IBRD-47680 Closed 15-Mar-2005 06-Jun-2005 08-Jul-2005 31-Dec-2009 31-Dec-2010 P083126 IBRD-79280 Effective 11-May-2010 24-Sep-2010 11-Nov-2010 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P083126 IBRD-47680 Closed USD 14.00 13.06 0.94 13.41 0.00 103.00 P083126 IBRD-79280 Effective USD 12.10 12.10 0.00 3.27 8.78 27.00 Disbursement Graph Page 5 of 6
Key Decisions Regarding Implementation Complete project restructuring is expected by June 30, 2013. Restructuring History CD Approval on 14-Apr-2010, Level two Approved on 14-Jun-2010 Related Projects P119688-AF-REAL ESTATE CADASTRE & REGISTRATION PROJECT Page 6 of 6