IMMOVABLE ASSET REGISTER

Department of Public Works

09 06 2004

Introduction

One of the key mandates of all custodians of the State’s immovable assets, across all tiers of government, is to ensure that the State obtains the best functional, social and financial returns from its property portfolio. Government’s desire to manage its immovable assets effectively and efficiently, necessitates an accurate and complete asset register.

Background

In 1996, the Department of Public Works commenced with the compilation of a comprehensive inventory of immovable assets under the control of Provincial and National Governments. The information that was gathered included –

The electronic capturing of the data was completed in 1999 and thereafter the information in respect of all provincial properties was handed to the relevant Provincial Administrations for the upgrading and maintenance of the provincial property registers.

Success of the current national Asset Register

 

Shortcomings and of the current national Asset Register and actions to address these shortcomings

 

 

 

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