Home Morocco ANCFCC’s $1 billion initiative: Aiming for 546,000 new land titles by 2027

ANCFCC’s $1 billion initiative: Aiming for 546,000 new land titles by 2027

Morocco’s National Agency for Land Conservation, Cadastre, and Cartography (ANCFCC) is set to embark on a 10.63 billion dirhams ($1 billion USD) investment program over the next three years. This initiative, detailed in the latest report accompanying the 2024 Finance Bill, aims to modernize Morocco’s land management system, enhance property registration processes, and expand rural land registration coverage.

The budget is allocated over three years: 3.64 billion dirhams for 2025, 3.55 billion for 2026, and nearly 3.44 billion for 2027. Projected revenue targets include 9 billion dirhams for 2025-2026, with an increase to 9.5 billion by 2027. A primary goal for 2025 is the creation of 546,000 new land titles, alongside property registration covering 1.2 million hectares and the issuance of 2.2 million property certificates.

As part of its 2025 targets, the ANCFCC aims to register 1.2 million formalities in the official land registry, open land registration to an additional 35 rural municipalities, and continue progress in digitalizing records and services. This expansion follows the objectives set out in the agency’s 2022-2025 development plan, which calls for creating over 2 million land titles, with 1 million derived from the national land registration initiative known as Immatriculation Foncière d’Ensemble (IFE). The plan also aims to add 6 million hectares of registered land nationwide, incorporating state assets and other government-affiliated properties.

In 2023, the ANCFCC saw a marked increase in productivity with the issuance of 462,509 land titles, 5% higher than in 2022. This included 211,624 titles from rural registration efforts, covering a vast area of 1.6 million hectares. Additionally, property certificates issued grew by 8%, reaching nearly 2 million, while real rights registration decreased slightly to just over 1 million entries.

Financially, the agency posted significant growth, with a 5% rise in revenue in 2023, totaling around 8.47 billion dirhams. This increase enabled the ANCFCC to contribute an impressive 4 billion dirhams to the State General Budget over 2022 and 2023, demonstrating the agency’s financial efficiency alongside its operational advancements.

As of June 2024, ANCFCC’s revenue had already reached 4.3 billion dirhams, a modest 3% year-on-year increase. By year-end, the agency is expected to close with an estimated 8.8 billion dirhams in revenue. This progress underscores the momentum towards achieving the agency’s goals of land conservation, efficient title registration, and digital transformation across Morocco’s land management sector.

Through this extensive investment plan, Morocco is set to streamline its land management processes, enhance access to property registration in underserved rural areas, and fortify the digitalization of land records. As these initiatives roll out, the ANCFCC aims to foster a more accessible and efficient system, promoting economic growth and security in property ownership across the nation.

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