CSM Technologies has finalized an agreement worth 5.5 million USD with the Addis Ababa Public Procurement and Property Disposal Services for the design of an Integrated Land Management Information System (ILMIS). The agreement is part of the city’s plan to improve it’s living standards and ease of doing business rating.
ILMIS is a paperless, contactless interface system for investors to access land related services from development institutions and authorities.
In a press release addressing the agreement, CSM Tech affirmed its commitment to helping Addis Ababa (and Ethiopia) at large realise its tech related ambitions in an ever changing economic landscape that has been even more digitized due to the COVID-19 pandemic.
The India-based tech and consulting firm also affirmed the role that such agreements are going to have in elevating cooperation between Ethiopia and India. Recent reports indicate that India and Japan and private investors from these countries are set to benefit immensely from a projected decrease in Chinese investment capacity over the coming decade.
The integrated system digitalizes the services required for both greenfield and brownfield land development, covering critical functions such as creation of land bank, dynamic plot control for land allotment, management of approval and clearance forms for construction, payment of lease, transfer of ownership and making other agreements.
Business Standard, Economic Times