Egypt may allocate special area of land to India in Suez Canal Economic Zone
Theme for first round: Gender & Property Rights
Cash-strapped and cut off from international aid, the Taliban-led government is tapping into Afghanistan's natural resources to boost revenue.
Main photo: Sri Lanka facing worst economic crisis (file photo-representational photo). Photo by AP/PTI.
Main photo source: China's Ministry of Finance
China’s local authorities saw their income from land sales contract almost 30% in the first two months of the year, showing how the continued housing slump is directly hurting government finances.
Main photo banner: Punjab Chief Minister Usman Buzdar chairs a meeting of the cabinet on Tuesday. — Screengrab via Govt of Punjab Twitter
LAHORE: The Punjab cabinet on Tuesday approved leasing out of state land for corporate farming under the China-Pakistan Economic Corridor (CPEC).
China’s cash-strapped developers have become reluctant to acquire land even as some local governments relax bidding rules, adding to signs of their liquidity crunch and threatening to deepen the nation’s economic slowdown.
The State is set to roll out a value index to make Kenya’s land market transparent and cut wasteful public project spending due to speculative activity that drives up costs, the World Bank has said.
The long-awaited index is also expected to boost own-source revenue collection by counties from land property.
In the recent years, commercial banks have widened categories of assets that are considered for secured lending perhaps due to improved measures of risk mitigation.
Of particular interest has been the Bibanja Interests on land which the commercial banks now accept as collateral for secured lending.
Introduction
A Chinese state-owned company has signed a deal to redevelop and manage a fisheries port in Brunei.