July 31, 2017
Land tenure, cadaster and the establishment
of a new property registration system were discussed at the Ministry of
Agriculture, Livestock and Irrigation during a meeting yesterday.
Union Minister Dr Aung Thu said property
documentation systems for land deeds, value assessments, registration
agreements, stamp duties, transfers and other processes need to be improved.
Settlement and Land Records Department
Director General U Thet Naing Oo said that sorting out land tenure issues will
improve Myanmar’s Doing Business Report rating.
Officials with the General Administrative
Department, the Internal Revenue Department, the Department of Urban and
Housing Development and the Yangon City Development Committee all contributed
their views to the property registration committee..
Ministries were assigned responsibilities to
enable Myanmar to increase its World Bank ease of doing business ranking. The
Ministry of Agriculture, Livestock and Irrigation was given the responsibility
to improve Myanmar’s Registering Property ranking.
Myanmar News Agency
Ref; The Global New Light of Myanmar
No comments:
Post a Comment