Mongolia Compact - Property Rights - Land Registration System

Summary: MCC’s $284.9 million Mongolia Compact (2008–2013) funded the $28.5 million Property Rights Project (PRP) to streamline the complex and time-consuming process of privatizing and registering land and property rights and to improve management of periurban rangelands. PRP’s Improvement of the Land Privatization and Registration System Activity (RS) projected that improving and building the capacity of the land registry system would increase land transaction efficiency and transparency, in turn boosting confidence in the land governance system and capitalization of land assets in Mongolia.