Tuesday, August 1, 2017

Land tenure, property registration procedures to be improved

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

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