More Transparency for Land Market
02 May, 2013
More Transparency for Land Market
Georgian land market needs more transparency and secured property rights to boost agricultural development in the country, Economic Policy Research Center (EPRC), a non-governmental watchdog, reported lately, based on its land market research.
“A long-term economic development of the country, especially in the sector of agriculture, is almost impossible without the protection of property rights and establishment of a transparent system of land ownership. Lack of transparency in the protection of land ownership rights poses a serious risk to the
country and impedes the economic development of rural areas,” EPRC experts say.
Georgian land market has been and remains pretty messy due to incompetently implemented reforms started in 1992 on the dawn of Georgian independence encumbered by collapse of soviet planned economy, civil war and territorial conflict in Abkhazia. Neither government nor population had any clear understanding of market economy and property rights and the reform with no market economy concept or long-term vision was of more social than economic nature: not to aggravate the already dismal political and economic picture by social unrest against the backdrop of mass impoverishment of the population and economic hardships, the government redistributed small parcels of lands to almost entire population. This distorted the main principles of land use based on integrated large lands, the issue of separation of public and private sectors as well as the need of developing the land market were overlooked among other important factors. On the other hand, government failed to establish precise mechanisms guaranteeing ownership rights, the problem that still remains an Achilles heel of the country. Meanwhile, the process of leasing out land resources that remained under the state ownership was launched with non-transparency and violations again. After stabilization of economic and political situation since 1996 the land reform went ahead more successfully when official land registration started and approximately 2.4 million registration certificates were issued by 2004. The Rose-revolution government continued the registration process and started formation of lands cadastre system that never ended however. In 2011 the state loyal to liberal economic principles started privatization of lands and terminated lease agreements offering lessees to buy out the leased lands instead. Thus, by 2012, the state was supposed to retain only an insignificant part of land resources in its ownership and establishment of land market in Georgia has been formally completed. But regardless of performed work and efforts undertaken by the state and donor organizations, it is still hard to find out what is the total size of land belonging to the private sector in Georgia and a significant amount of land plots remains in the so called “grey zone” implying land resources belonging to neither state nor private sector or are disputable between these two. To crown the land privatization ex-powers made obligatory computerized registration demanding high payments [GEL 250-300 per hectare plus other registration - related costs] during which it took advantage over the private sector in rural regions with scarce reach on information or finances and intercepted registration of the already privately paper-registered lands on the state ownership through computerized system. A large-scale land expropriation ensued as an aftermath infringing rights of proprietors across Georgia especially in tourist zones. From the new government coming in the office term past fall EPRC expects putting the problem of land ownership to right.
“The current government has a proper degree of legitimacy and competence as well as fiscal capacity to carry out the process rapidly and efficiently, based on principles of market economy and with a broad involvement of civil society,” they say.
Print
Other Stories
The World Digital Mining Summit to be held in Georgia
The summit is scheduled to take place between 21st-23rd September in the Hualing Hotel, Tbilisi, Georgia.
Galt and Taggart - Tourism Boom Continues in Georgia
Tourism has become one of the key drivers for the Georgian economy. Galt and Taggart has recently published research about the Georgian tourism sector in the first half of 2018.
"The worst dream for Putin is that Russians want to live in Georgia"
This year, visitors to the Adjara region would notice that there is a boom in construction in and around Batumi.
Underground gas storage facility to be built in Georgia
KfW, a German government-owned development bank signed a EUR 150 million promotional loan with the state-owned Georgian Oil and Gas Corporation (GOGC) for the construction of the first underground gas storage facility in Georgia.
New gambling rules for Georgia
Georgian lawmakers are preparing a new draft law relating to online-casinos and gambling that will seek to curb gambling addiction in Georgia.
How expensive is it to visit Georgia?
The Georgian Lari (GEL) is the official currency of Georgia and is the only legal means of payment in the entire territory of Georgia.
Trade with the EU and the Commonwealth of Independent States (CIS) has grown significantly
Trade with the EU and the CIS has grown by 26% and 33.5 % respectively, says GeoStat, the Georgian National Statistics Office.
The unemployment rate decreases in Georgia
The unemployment rate decreased in Georgia by 1,9% and amounted to 12.1% in the 2nd quarter of 2018 compared with the previous quarter,
Memorandum of Understanding to be signed between Georgia and Malaysia
According to the Georgian Ambassador to Malaysia Nikoloz Apkhazava, Georgia plans to sign a Memorandum of Understanding (MoU) with Malaysia.
“Blauenstein Georgia” due to expand in Georgia
“Blauenstein Georgia” is planning to open more shops in Georgia. It is an agriculture company that sells meat products, meat and convenience food.
The amount of Direct Foreign Investment rises in Georgia
According to the information of the National Statistics Office of Georgia, the amount of direct foreign investment in Georgia has risen
It’s going to get  harder for foreigners to get residence permit in Georgia
It’s going to get harder for foreigners to get permit of residence in Georgia.
Mziuri Park in Tbilisi to be renovated soon
It was the dream of prominent Georgian writer Nodar Dumbadze that when the original Mziuri park was constructed and opened in 1892 that it should be a park for children,
Winemakers to produce Kvanchkara in its place of origin - Racha
Khvanchakara is a semi-sweet Georgian red wine which originates from Racha, in the western part of Georgia. Kvanchkara is made of two types of grape Mujuretuli and Aleksandrouli.
The level of Georgian wine and Chacha exported has increased
The National Wine Agency of Georgia has recently published statistical information about the level of Georgian wine and Chacha exported between January and July, 2018.
New fire engines to be Manufactured in Georgia
The Acting Head of the Emergency Management Agency Shalva Khutsishvili said that the old Zili fire engines (which were made in the USSR) will be phased out and replaced with new ones, manufactured in Georgia.
Georgia witnesses a record number of tourists
The Georgian National Tourism Administration publishes statistical information about international visits to Georgia.
Canadian businessman plans to build a hotel in Bakhmaro
Canadian businessman Vadim Malishev plans to build a hotel in Bakhmaro resort, Guria, in the western part of Georgia.
Coffee Factory will open in Tbilisi in October
The first coffee factory (which will be located on the Kakheti highway) in Tbilisi will open in October.
Places in Georgia where real estate is the most expensive
The real estate market in Georgia is growing annually. In Tbilisi as well as other regions of Georgia new developments are increasingly taking place.
How much does a vacation cost in Tbilisi?
It is the middle of summer and those who have not yet taken a vacation are looking for an appropriate place for sure!
The price for extreme sports in Georgia
Georgia offers a variety of options to extreme sport lovers.
The number of Georgians who own property abroad increases
The number of foreign properties owned by Georgians is increasing.
How much does Taxi cost in Tbilisi?
Stories how Taxi drivers try to deceive passengers and charge them with more money than they should pay are known for everybody all over the world.
What are the highest paid areas in Georgia
According to the data collected by the National Statistics Office of Georgia in the first quarter of 2018 the highest paid jobs in Georgia are found in the financial and insurance fields.
PHOTO OF THE DAY
Exchange Rates
GEL Exchange Rate
Convertor
18.09.2018
19.09.2018
USD
1
USD
2.6156
2.6188
EUR
1
EUR
3.0498
3.0593
GBP
1
GBP
3.4259
3.4414
RUB
100
RUB
3.8379
3.8673
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
2.6188
EUR
1
EUR
3.0593
GBP
1
GBP
3.4414
RUB
100
RUB
3.8673
September 2018
Mon Tue Wed Thu Fri Sat Sun
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30