Lahore: The World Bank (WB) will offer a USD 150 million grant to set up ‘Punjab Urban Land Systems Enhancement Project’, news sources reported. The system would aid in the centralisation of land records across Punjab by exchanging data amongst 200 different land management departments and systems.
Reportedly, the grant would boost transparency and increase Punjab’s tax-collecting potential from land to up to PKR 400 billion. The following is a breakdown of the funding provided by the WB:
- USD 103 million for digitization of land records and cadastral maps for Land Records Management and Information Systems (LRMIS)
- USD 3 million for Land Housing (LH) to aid in identifying, evaluating, and mobilising low disaster risk public lands for climate-resilient development activities such as sustainable housing
- USD 35.5 million to facilitate the creation of modern Land Information System (LIS) to unify and integrate rural and urban land records
- The development or extension of Arazi Record Centers (ARCs) and the deployment of ICT technology for ARCs