Santo Domingo.- The Dominican Government is progressing with a strategy to title State assets, a project led by the Ministry of Finance and the General Directorate of National Assets. The objective is to effectively identify and register public properties.
Deputy Minister of the Treasury, Derby De Los Santos, outlined that the initiative aims to inventory land, buildings, roads, hydraulic, and electrical infrastructure owned by the state and entities of mixed composition.
This effort is part of the Program to Improve the Efficiency of Tax Administration and Public Expenditure Management in the Dominican Republic. Its goals include enhancing the sustainability of government finances and modernizing procedures and support systems for public budget management.
During a progress workshop on the consultancy for the Regularization Strategy of the real estate units of the Dominican State, Víctor Endo, a consultant from the Global Land Alliance, emphasized that this initiative will contribute to legal security and property rights, decrease disputes, and attract foreign investments.
Endo highlighted that by implementing international best practices, the project will enhance cadastral information systems, enabling better planning of government investments and benefiting communities.
The program receives technical and financial support from the Inter-American Development Bank (IDB) and is advised by the GLA-REDDOM Consortium, comprising the Global Land Alliance and the REDDOM Foundation.
Ariel Zaltsman, the IDB’s principal specialist in fiscal management, underscored that this consultancy complements other initiatives of the Tax Efficiency and Public Expenditure Management Program. These initiatives include developing a cadastral geographic information system, designing a georeferencing application, implementing a training program in real estate valuation, and providing consultancy on cadastral technical standards.
These updates were shared during the workshop, which was attended by Ricardo Noboa, the general administrator of the Real Estate Registry; Francisco García, the director of the Dominican Agrarian Institute, and Héctor Pérez Mirambeaux, the general director of the National Cadastre.