{"id":18762,"date":"2026-11-13T09:00:00","date_gmt":"2026-11-13T14:00:00","guid":{"rendered":"https:\/\/expat-times.com\/panama\/?p=18762"},"modified":"2026-11-12T12:03:09","modified_gmt":"2026-11-12T17:03:09","slug":"a-great-necessity-cadastral-modernization-in-panama-secures-60m-world-bank-loan","status":"publish","type":"post","link":"https:\/\/expat-times.com\/panama\/panama-real-estate\/a-great-necessity-cadastral-modernization-in-panama-secures-60m-world-bank-loan\/","title":{"rendered":"A Great Necessity: Cadastral Modernization in Panama Secures $60M World Bank Loan"},"content":{"rendered":"\n

Panama will overhaul its outdated land registry system using a $60 million loan from the World Bank<\/a>, a move officials say will accelerate the country’s Panama cadastral modernization<\/strong> effort and unlock stalled infrastructure projects<\/a>. The National Land Administration Authority<\/a> (ANATI) announced the financing Wednesday during the XII Annual Conference of the Inter-American Cadastre and Property Registry Network in Panama City.<\/p>\n\n\n\n

Only 35 percent of Panamanian territory is properly registered, a gap that has complicated land planning and driven up costs for public works. ANATI Administrator Andr\u00e9s Fernando Pag\u00e9s Chanis said the loan uses a “results-based” model, the first of its kind applied in Panama, where disbursements depend on hitting specific milestones.<\/p>\n\n\n\n

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The Wordl Bank made the loan for this modernization of Panama Castral info. By ajay_suresh – The World Bank Group.<\/figcaption><\/figure>\n\n\n\n

Results-Based Loan Structure Drives Panama Cadastral Modernization<\/h2>\n\n\n\n

The financing mechanism marks a departure from traditional lending. Instead of receiving the full amount upfront, ANATI will access funds incrementally as it completes deliverables tied to the project. Pag\u00e9s described the approach as a product of years of coordination with the World Bank.<\/p>\n\n\n\n

“With this we will digitalize and have a multifunctional, interoperable cadastre with the institutions,” Pag\u00e9s said [Translated from Spanish]. The system will connect data across the Public Registry, the General Directorate of Revenue, and other territorial management bodies.<\/p>\n\n\n\n

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Una publicaci\u00f3n compartida por La Estrella de Panam\u00e1 (@laestrellaonline)<\/a><\/p><\/div><\/blockquote>\n