Thursday, 07 March 2024 08:27

Land Management Trust to streamline Govt. land release Featured

The Cabinet of Ministers approved the establishment of the Land Management Trust to address various challenges and inconsistencies surrounding the utilisation of Government lands across the country.

At present, the Government owns around 82% of the total land area in the country, managed by various agencies tasked with protecting and controlling these lands.

However, the absence of a unified approach has led to numerous issues in releasing Government land for investment purposes.

These challenges have hindered investment opportunities, potential for new industries, services and job creation.

The establishment of a dedicated mechanism with proper authority is considered essential to overcome these obstacles and create a conducive environment for investments

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