R120m worth of state land to be made public: Meyer
The Department of Public Works in KZN plans to release over R120 million worth of state land plots and buildings to the public.
Adverts for the 86 properties in eThekwini, Hlabisa and Ugu will be published this week.
Spokesperson, Steve Bhengu, says the properties no longer hold significant value to the department and have been sitting idle on their asset registry.
He says they'll be saving over R24 million in annual rates.
" Shortly after taking office, MEC Martin Meyer issued a directive that the department reposition itself as one that works for the greater public. And as such, the fate of any asset that does not achieve this must be reassessed.
"Following this, the department undertook an audit process to update its asset registry in order to better gauge which assets were used for what purpose and what was the usage status, as unused assets continue to drain the department."
Bhengu says the department will this week issue invitations for bidding on these properties.
He says preference will be given to institutions of higher education, those wanting to build schools and NGOs, with the assets given to them either at free or at low-cost long-term leases.
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