The Department of Public Works (DPW) and its Property Management Training Entity (PMTE), has now moved into the second phase of the department’s turnaround plan,
which was first initiated in 2012.
The Efficiency Enhancement phase seeks to transform and improve the way the DPW conducts business.
Speaking at the quarterly MinMec meeting, between the nine provincial Public Works MECs and Public Works Minister Thulas Nxesi, the Minister highlighted that the prior stabilisation of the department’s finances in the first phase, together with the compilation of a comprehensive and reliable Immovable Asset Register (IAR), provided the essential foundation upon which to implement a new business model for the PMTE to fulfil its core mandate of providing accommodation to government and to optimally manage the State property portfolio, which fell under the custodianship of the DPW.
As such, a Real Estate Information and Registry Services (REIRS) branch had been established within the PMTE to ensure efficient management of the IAR.
Nxesi said the department had verified 36 852 land parcels. Verification and assessment of the remaining 6 900 land parcels had now started.
Almost 60% of DPW properties have had municipal values applied in the 2014/15 financial year with the remainder to be completed by March 31, 2016. This resulted in the disclosure of DPW’s properties at R78.1-billion for the year ended March 31.
