Importance of Security of Tenure & the Role of Private Sector |
Posted: August 25, 2020 |
The modern economy requires the highest efficiency of land and property markets possible. This is because land is a key pillar, and its use and performance can determine whether the economy will prosper or perish. And to increase these two, it has become extremely important to protect property rights. They are also ensuring that land administration services are improved by choosing automated information collecting and dissipating systems and combining these with multiple e-government and e-service projects running concurrently. How Governments are Accessing the Best Land Management SystemsThroughout the world, over fifty countries have received billions of dollars through grants and loans so that they can maintain the progress of such projects. A majority of such programs are carried out by the public sector, while the private sector participates by providing technical services. There has also been great support provided by several development partners and service providers in terms of funding and technical expertise like satellite imagery, land area measurement equipment, accurate mapping and data acquisition, and other forms of assistance like development of adequate systems to gather information about the lands and implementing geodetic networks in order to promote accuracy in measurements. In a few cases, the government may even award a contract to a consortium of private sector organizations to handle the matters of land administration and registration. This is done when there is a great scope of improving land-related services to citizens, which can only be done through modernization of property markets. Handling the entire process through a partnership with the private sector can be considered a bold move by some, but it has proved to be a successful means of modernization because the private sector has been able to design some of the most efficient and the best land management systems throughout these years. The result is a revamped system and enhanced services that are bound to boost client satisfaction by a large margin. Challenges for Developing Nations in Land AdministrationMany factors have contributed to this outstanding outcome - advanced technology and resources like mobile and web services, cadastral and drone mapping, and other means that have increased the precision and speed of land data recording, aside from reducing the overall costs. At the same time, some new challenges have arisen for land surveying in developing countries. These include the following - • Insufficient budget allocations can lead to lack of resources and limited, inadequate funds for land data improvement programs. These, along with other tasks like creating and maintaining sufficient operating budgets, upgrading technologies on a regular basis, and so on, can prove to be demanding tasks for keeping a land administration system running. Therefore, they may consider forming partnerships with private sector companies to take care of relevant fields and handle tasks accordingly. This is because they are capable of raising funds, adjusting salary structures wherever necessary, perfecting the budgeting system as far as possible, and provide the much needed management skills to overcome all of these challenges.
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