C&T Samsung and Satel Consultants are the two companies that have so far shown interest in signing a public-private partnership with the Romanian authorities for the implementation of the general cadastre, representatives of the Ministry for Regional Development and Tourism (MDRT) told BR. The government recently announced that it was looking for firms with the necessary financial resources to implement the project, estimated to cost between EUR 500 and 600 million.
“We intend to find a company in the shortest time possible. We estimate that in optimal conditions, five to six years will be necessary to complete the general cadastre. But this is just an estimation,” ministry representatives told BR, adding that the deadline and the project’s feasibility will be subject to further analysis.
Elena Udrea, the minister for regional development and tourism, previously stated, “After twenty years of incoherent application of a property law that has also often been changed, we unfortunately find ourselves in the situation where the surface area owned according to the property deeds that have been issued over the years is larger than Romania’s actual surface area.”
The MDRT runs the Romanian National Agency for Cadastre and Land Registration (ANCPI).