Ground Congress on Apartment Law

From October 27 to 29, 2021, the Terzol Real Estate Land Congress will take place, with the theme “Apartment Law in Suriname.

This congress is a private initiative is of Terzol Vastgoed NV and is organized by Tabto Group NV.
The purpose of this congress is to increase the awareness and sense of urgency of the Apartment Law in order to accelerate the adoption of the Apartment Law Act. Although the draft New Civil Code (NBW), which includes the Right of Apartment, was presented to the then President of Suriname in 2009, our country still has no Right of Apartment to date.
This while Apartment Law can significantly contribute to our needs for the sustainable development of good housing and living environments, the efficient use of our lands and a solution to runaway climate change.

Background on apartment law

As of 2017, Terzol Vastgoed NV offers integral services in the areas of purchase and sales brokerage, leasing and rental, appraisals, property management, subdivision, project development and consultancy to national and international corporate and private clients in Suriname.
Terzol is convinced that we agree that the Apartment Law Act is an urgent necessity in the interest of country and people.
The Apartment Law meets the needs of different target groups such as occupants, students, over-60s, expatriates, diaspora and entrepreneurs.
With the Apartment Right, large groups can be housed on a relatively smaller piece of land, reducing the loss of forest and allowing us to truly become more sustainable.
Now is the time for action.
As project developer of Suriname’s newest and most prestigious ‘city in the city,’ Ring Harbour, Terzol Vastgoed asked the question in an earlier publication what we are all going to do to make the Apartment Right a reality soon.
Terzol Vastgoed is already answering this question with this Congress by bringing together various sectors to inform each other and society and to debate with other experts on this subject so that concretization will soon become a reality.

Panel discussion

During the panel discussion, experts, from different perspectives, will discuss current topics regarding the Apartment Law Act.
The panel will include:

  • Mr.
    Jim Bousaid (Economist and former Bank director)
  • Mr.
    Carlo Jadnanansing (Legal Specialist and former notary public)
  • Mr.
    Winston Wilson and Ms.
    Dinotha Vorswijk (Minister of Land Policy and Forestry).

The experts are:

  • Ms.
    Serena Essed (Attorney at Law)
  • Mr.
    Riad Nurmohamed (Minister of Public Works),
  • Mr.
    Ricardo Bhola (District Commissioner of Paramaribo Northeast).
  • Mr.
    Cornelis Pigot (Geologist, Management Consultant),
  • Mr.
    Terrence Gonesh (CEO Surichange Bank)
  • Mr.
    Lloyd Kotzebue (Chairman, Planning Commission)
  • Mr.
    Jair Schalkwijk (Researcher and Lecturer AdeKUS)
  • Ms.
    Patricia Etnel (Surinamese politician and DNA member)
  • Ms.
    Victorine Moti (Lecturer at FHR School of Business)
  • Mr.
    Roy Dhanradj (President AMOG Association of Realtors)

In conclusion

Because of the pandemic, the Congress will be broadcast live, so that everyone will have the opportunity to participate and ask questions.
We are pleased to see that our President, H.E. C. Santokhi, has indicated that he is aware of the importance of Apartment Law, in solving the housing shortage in Suriname.
It inspires us to keep working for this.
After all, it benefits us all and will certainly contribute to development and progress for our country.
We hope that this congress will bring together the participants from various sectors and will lead to the rapid realization of the Apartment Law Act.
After all, you don’t build a country alone – you do it together!

The program

Wednesday, Oct. 27, 2021: KICK-OFF

The agenda for the kick-off is as follows:

  • Opening Ground Congress – Mr.
    Riad Nurmohamed, Minister of Public Works, Lecturer in Technological Sciences at the Anton de Kom University of Suriname.
  • Efficient and sustainable use and layout of our land – Joël Terzol, CEO of Terzol Vastgoed NV and Project Developer of Ring Harbour City.
  • Legal Aspects of Apartment Law – Mr.
    Carlo Jadnanansing, Legal Specialist and former notary public.
  • Apartment Law as an Engine for Economic Development – Mr.
    Jim Bousaid, Economist and former Bank Director.
  • The Impact of Apartment Law on the Environment – Mr.
    Cornelis Pigot, Management Consultant and member Advisory Board at P-All Consultants NV.
  • The necessity of Apartment Law in relation to the need for real estate from the extractive industries – Mr. Lemmer.
    Dimitri Lemmer, Chief Executive Officer (CEO) of Consolidated Resources Suriname NV.

Thursday, Oct. 28, 2021: FIELDTRIP

On the second day of the Land Congress, a fieldtrip will be organized for interested students from Anton de Kom University and other colleges in Suriname with an interest in land issues.
In this way, a contribution is made to the development of our young professionals.

  • Welcome & introduction – Ms.
    Patricia San A Jong and Ms.
    Whitley Terzol, Partners of Terzol Vastgoed NV.
  • Various land titles and the estate issue – Ms.
    Chiquita Akkal-Ramautar, full-time lecturer at the Anton de Kom University of Suriname.
  • The ‘Pans’ of Ring Harbour – Mr.
    Joel Terzol, CEO of Terzol Vastgoed NV and Project Developer of Ring Harbour.
  • Beekeeping at Ring Harbour and its impact on environment – Mr.
    Fabian Esajas, Director/Owner of Ambrosius Bees.

Friday, October 29, 2021: CLOSING WITH PANEL DISCUSSION

The Ground Congress will conclude on the third also final day with a panel discussion preceded by three speaking engagements:

  • Status regarding legislation for apartments in Suriname – Mr. Marinus Bee.
    Marinus Bee, Jurist and Chairman of The National Assembly.
  • The Impact of Apartment Law on Society – Mr.
    Winston Wilson, Transition Specialist and Strategic Partner Tabto Group NV.
  • Effective land development in Suriname – Mr.
    Ramon Kadirbaks, Deputy Director of Spatial Planning at the Ministry of Physical Planning and Environment

The Congress can be followed via live streaming on the Facebook event page of Terzol Vastgoed NV: https://www.facebook.com/events/823199181680177 Interested parties who wish to be kept informed of the activities can register via the website: https://terzol.com/vastgoed/grond-congres-2021/

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