In my speech that I delivered on 15 Mat 2018, on the occasion of the National Assembly Budget Vote Debate, Vote 11, I stated as follows:
“We have identified unutilised properties with a deemed value of R7.4 billion – for disposal or letting out. Appropriate properties will be advertised on open tender culminating in a National Property Marketing and Investment Conference to be held within the next 6 months.”
The Department of Public Works is currently in the process of categorising unutilised properties into two lists: one for permanent disposal and the other for letting out, in order to generate revenue. Properties that are surplus to the needs of Government, shall be used to generate revenue and such will be advertised on an open tender basis.