IBRD Loan: €47.7 million
TERMS: Maturity= 30years; Grace period=5 years
PROJECT DESCRIPTION: The objective of this project is to facilitate market-based farm restructuring through enhancing the ability of farmers, farm family members, and farm workers to manage their assets and income. Under this overarching objective, the Project will assist the Government of Romania (GOR) in completing the property title registration of land assets in rural areas to improve the security of land property rights and reduce transaction costs on rural land markets.
