The Role of Public-private Partnerships In Land Administration

Abstract

The earth occupies a special place among the living material conditions of man and is a necessary condition for the existence of society. Thus, it is important to see how effectively the natural, agricultural and economic potential of the land will be used. Unfortunately, under the conditions of the agrarian reform, the possibilities of rational land use were not properly taken into account and, consequently, it was not possible to achieve satisfactory results. It is known that land, as a spatial basis for the location and operation of productive forces, plays an important role in all areas, but it is especially important in agriculture, where land is an instrument of labor and an object of labor. The administration of land, as an important natural resource and a key factor of production is a task of political and socio-economic importance for the country. International experience shows that the necessary condition for the development of an effective market economy is active cooperation between state authorities and business. In the process of institutionalization, this cooperation took on the character of a public-private partnership (PPP) and was renamed public-private partnership. The public-private partnership is a framework that recognizes and structures the role of government in fulfilling its social responsibilities, successfully reforming the sector and implementing public investment, and at the same time integrates the private sector into these processes. Public-private partnerships are vital to economic development as engagement, participation and collaboration contribute to more effective laws and policies. Public-private partnerships in land administration bring flexible and customer-oriented land registration services and significantly improve land registration procedures. In addition, PPP brings a higher level of service delivery, cost-effectiveness, and reduced investment risks to participating parties. Keywords: Land Administration, Public-Private Partnership, Blockchain.