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                    [ArticleID] => 244924
                    [Title] => IFC provides $22-M loan for LRA computerization project
                    [Summary] => The International Finance Corp. (IFC) has signed an agreement providing a $22-million, eight-year loan to the Land Registration Authority (LRA). 


The loan will be utilized for the development of the Land Registration Systems or LARES, which will computerize and connect the 160 LRA offices nationwide. The LRA is a line agency of the Department of Justice (DOJ) tasked to preserve the integrity of the land registration process and protecting the sanctity of land titles.


The five-phase project also includes a $2.75-million equity investment in LARES. 


                    [DatePublished] => 2004-04-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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FRANCISCO TOUREILLES

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                    [ArticleID] => 244924
                    [Title] => IFC provides $22-M loan for LRA computerization project
                    [Summary] => The International Finance Corp. (IFC) has signed an agreement providing a $22-million, eight-year loan to the Land Registration Authority (LRA). 


The loan will be utilized for the development of the Land Registration Systems or LARES, which will computerize and connect the 160 LRA offices nationwide. The LRA is a line agency of the Department of Justice (DOJ) tasked to preserve the integrity of the land registration process and protecting the sanctity of land titles.


The five-phase project also includes a $2.75-million equity investment in LARES. 


                    [DatePublished] => 2004-04-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

IFC provides $22-M loan for LRA computerization project

By Ted P. Torres | April 2, 2004 - 12:00am

The International Finance Corp. (IFC) has signed an agreement providing a $22-million, eight-year loan to the Land Registration Authority (LRA). The loan will be utilized for the development of the Land Registration...

Business