EU to Help Ukraine in Setting Up Land Bank
OREANDA-NEWS. June 22, 2012. An international expert group from of leading EU's experts in the land area to assist in the completion of land reform in Ukraine is being created chaired by the Head of the State Agency of Land Resources. In particular, this was discussed during the talks between the head of the State Agency of Land Resources Sergiy Tymchenko and the Chief Financial Officer of the State Land Survey and the Land Bank of the Netherlands Pieter van der Yagt.
"Advanced experience of countries with stable economies highlights the need to create a state institution for the effective management of public lands and the implementation of consolidation. The process of land consolidation is costly and the state budget can not solve this problem in the near future. It is therefore we should create an institution that would be self-sustaining through market transactions with the land" - Sergiy Tymchenko said during a press conference in the Cabinet Building.
The experience of European colleagues, among them the undisputed leader in the construction of a modern cadastre, as well as in matters of land consolidation, creating an effective institution of state administration of land – the land bank - is the Kingdom of the Netherlands, is extremely important and useful for local professionals.
Given the advances of Dutch colleagues in the field, one of the main objectives of the land bank is land consolidation. Thus, land consolidation in the European Union is seen as the main engine of development in rural areas and increasing of the profitability of farms at the expense of consolidated arrays.
"The experience of the European Union, as well as many other developed countries confirms the necessity for the functioning the State Land Bank at the land market. Effective governance of agricultural land use in market conditions can be successful in the operation of a land bank, which will act as market regulator and manager of public agricultural lands" - Sergiy Tymchenko said.
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