SEOUL, SOUTH KOREA- A delegation from the Real Estate Registry (RI) achieved first place in the presentation of final projects of the training "Capacity Building for the Management, Disposition and Efficient Development of State Property in the Dominican Republic 2024", held in Seoul, South Korea, where the institution participated for the first time.
A press release highlights that the RI commission presented the Interoperability Proposal for the Dominican Republic's Property Registry, emphasizing the institution's technological advancements and how these have improved the efficiency of services offered to users. This presentation was evaluated by executives from the Korea Asset Management Corporation (KAMCO) and other delegations.
Real Estate Registry wins award in South Korea. (External source).
The RI representation included Carlos Rondón Paula, interim deputy administrator of Information and Communications Technology; Nerson Espinal Ureña, interim Operations Manager; Wilnellia Fabián, operational manager of the National Directorate of Cadastral Surveys, and Rigoberto Lorenzo Ybert, registrar of titles of Baní.
The meeting highlighted the role of the Property Registry in the administration and legal security of real estate rights and their registration, as well as the challenges in terms of interoperability and efficiency in data management.
The training, aimed at senior and mid-level officials, was organized by the Korea International Cooperation Agency (KOICA) in collaboration with the Ministry of Economy, Planning and Development. Participants learned how to promote efficiency in the management of state-owned property and how to increase property value.
The Dominican delegation of the Real Estate Registry. (External source).
About the entities organizing the event:
KAMCO is an organization that contributes to the development of the national economy and the financial industry, which seeks to maximize income by efficiently implementing the work entrusted to it by the government, including the management of state-owned properties.
Furthermore, it plays the role of a public asset management institution, serving as a safety net for the economy, providing comprehensive support to households, businesses, and the public sector, and playing a leading role in overcoming the Asian and global financial crisis. Meanwhile, KOICA is an organization that seeks to improve the effectiveness of South Korea's aid programs for developing countries through the implementation of government subsidy programs and technical cooperation.
