Fuia said the land bank will have pre-emption right to merge the farmlands put up for sale by private individuals, adding this is the only way to merge and preserve these plots. The minister, however, did not mention the costs with setting up and managing the land bank.
He also said he had already talked about this project with German lawmakers and officials of the Netherlands Embassy in Bucharest, adding the ministry is awaiting the know-how procedures for this project.
In 2011, ministry officials said the Agency of State Domains might be reorganized as a land bank tasked with purchasing lands to further merge, lease or sell them.