Compensation and Resettlement
1. Comprehensive Property Valuation
Primestone Limited can provide accurate property valuations by employing professionals registered under the Land Economy Surveyors, Valuers, Estate Agents and Auctioneers' Act of 1989 (CAP:53.08) of the laws of Malawi. These valuations adhere to international standards set by the International Valuation Standards Council (IVSC), ensuring fair compensation for affected parties.
2. Development of Resettlement Action Plans (RAPs)
The company can assist in crafting Resettlement Action Plans that align with both national legislation and international best practices, such as those outlined by the World Bank. These plans would detail the processes for land acquisition, compensation, and resettlement, ensuring transparency and fairness.
3. Stakeholder Engagement and Grievance Redress
Primestone Limited can facilitate meaningful consultations with affected communities, ensuring their concerns are heard and addressed. By establishing clear grievance mechanisms, the company can help prevent disputes and foster trust among stakeholders.
4. Legal and Regulatory Compliance
Navigating Malawi's complex land tenure systems requires expertise. Primestone Limited can guide clients through the legal intricacies of land acquisition, ensuring compliance with the Land Acquisition Act (2016) and other relevant statutes.
5. Monitoring and Evaluation
Post-resettlement, Primestone Limited can monitor the outcomes to ensure that displaced individuals have restored or improved livelihoods. This includes assessing the effectiveness of compensation and the well-being of resettled communities.