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An analysis of profitability and effects of land consolidation (LC) projects has been made in this paper. The measurable effects of land consolidation resulting from land consolidation goals such as: increase of average area of parcel, decrease of average number of parcels per participant as well as the change in the area of road and canal networks after the land consolidation projects were considered. Profitability was analysed from the aspect of return on investments and net present value of investment in land consolidation. Materials and methods for this study encompass a representative sample from Vojvodina, a part of the Republic of Serbia which is flatland and predominately orientated to agricultural production. The study results indicate that the effects of land consolidation are good and that land consolidation projects are highly profitable.

Effects and Profitability of Land Consolidation Projects: Case Study – the Republic of Serbia