dc.description.abstract |
n Ethiopia, including Bahir Dar city, population growth increases rapidly, while at the same
time, the need for mobility and expansion of infrastructure demand increases. Bahir Dar City
has a persistent financial challenge and infrastructure gaps which requires a sustainable funding
source. Therefore, implementing alternative financial sources using a land value capture
mechanism in land value increment resulting from public infrastructure development is vital to
solving infrastructure gaps and quality of services. Hence, this study aims to assess urban land
value capture practices in Bahir Dar city as an alternative financial source for municipal
revenue. This study employed both a quantitative and qualitative approach. Both primary and
secondary sources of data were used. In total 168 households were chosen by systematic random
sampling technique for the survey. Besides, 8 in-depth interviews and 1 FGD were conducted
using participants selected purposefully based on experts' experience and positions. The survey
data was analyzed in descriptive statistics. The findings revealed that the municipality tries to
practices to capture the increased land value resulting infrastructure development through
public land leases and urban land rent is insignificant due to outdated benchmark prices. As a
result, on-the-ground land value capture mechanisms were not effectively implemented and
practiced in the city. On the other hand, in the perception of the society the findings of the study
show that the land parcel located in cloth proximity to public infrastructure development and
CBD directly increase the value of land, which indicated that positive relationship between them.
Hence, this positive relation suggests the necessity of implementing land value capture
mechanisms in Bahir Dar city. The findings of the study indicate that 75.5% of residential
landowners are unwilling to pay for the uplifted value of land resulting in public infrastructure
investment. Stakeholder engagements, political will, well-organized institution, good land
registration, and cadastral system are also others essential to implementing LVC mechanisms
appropriately. Based on the findings this study suggested that the government should select and
implement appropriate land value capture mechanisms to capture value increments that fit the
local context and community acceptance |
en_US |