Land Bank Investment
The establishment of the Land Bank Investment was borne out of Governments Land Reform Initiative and is now a critical output of the Ministry underpinning land availability and land resources development for economic development as outlined in Pillar 6 of the Peoples Charter for Change, Peace and Progress.
Enabling the Land Bank Investment means addressing the needs tabled in the Land Use Decree 2010. Government is also concerned with lands lying idle and undeveloped land throughout the country. Yet little was done to tap these resources which have the potential to create opportunities for school dropouts, the unemployed and the many landless people.
The land bank investment opens up new lands in terms of roads construction creating employment opportunities for the unemployed. As a result, new roads will open up new lands and spreading of intensive farming activities to a wider periphery rather than containing them within the traditional growth area around the main roads and the sugar cane belt areas, let alone maintenance and upgrading of existing roads.