Property Security and Digital Cadastre - Investment Council reveals the obstacle that is driving away investors
The Investment Council's latest progress recommendations have highlighted that the issues of property security and Digital Cadastre remain among the most problematic for investment development in the country. According to the assessment, these areas are among the least advanced in implementation, creating legal uncertainty and a lack of transparency for domestic and foreign investors.
The Council emphasizes the urgent need for the registration and publication of public and municipal properties in the Albanian Land Registry, as well as the establishment of a fully accessible Digital Cadastre, which would guarantee accurate and open information for economic use. Also, the lack of publication of the property fund for strategic investments continues to limit investment orientation and long-term planning.
In addition to property issues, the recommendations highlight a number of other challenges that continue to remain unimplemented. Among the most important are the drafting of a strategy against informality, better coordination of public investments between the central and local levels, and the empowerment of business associations to increase their role in advocacy and public consultations.
The Council also emphasizes the need for a new culture in human resource management, where human capital is treated as a development asset, as well as investments in technology, automation and professional retraining. Fiscal incentives for research and development are also recommended, as well as improved data exchange with municipalities, to guarantee up-to-date information for businesses.
According to the Investment Council, progress in resolving property issues and data digitalization remains a fundamental condition for establishing a safer, more transparent and more attractive investment environment in Albania.
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