a) (i) and (b) (i), (ii) and (iii):
The Department of Public Works currently has no method of calculating or quantifying the amount of investments into its properties by private parties/tenants nor does it have a record of all the parties who have invested in State-owned properties.
This question is very much appreciated, because now I will urge that consideration be made to ensure all future letting out agreements with private parties to state, in detail, the investor details, the investment plan, as well as the proposed investment amount.
Nevertheless, the Departments’ Acquisition and Disposal Framework requires all applicants who wish to lease a State-owned property to submit a business proposal detailing the intended capital expenditure on the required property.
b) (ii) Response on the Entities reporting to the Department of Public Works:
and (b) (i), (ii) and (iii)
Name of the Entity |
(a) name of each investing company that has invested on land owned by |
(ii) each entity reporting to him |
(b)(i) nature |
(ii) value |
(iii) length of each investment |
Agremént South Africa |
None / Not applicable |
None / Not applicable |
None / Not applicable |
None / Not applicable |
None / Not applicable |
Council for the Built Environment |
None / Not applicable |
None / Not applicable |
None / Not applicable |
None / Not applicable |
|
Construction Industry Development Board |
None / Not applicable |
None / Not applicable |
None / Not applicable |
None / Not applicable |
None / Not applicable |
Independent Development Trust |
The land is not leased out. |
None / Not applicable |
None / Not applicable |
None / Not applicable |
None / Not applicable |