Sunday, August 31, 2008

New system to promote efficient use of state land, properties

Source : Channel NewsAsia - 27 Aug 2008

To instil greater discipline in the holding of government properties pending development, the Law Ministry plans to introduce a reservation framework for public sector agencies.

Senior Minister of State for Finance Lim Hwee Hua told the House that agencies making such reservations would have to pay for planning and feasibility studies.

Responding to a question by Nominated MP Gautam Banerjee on what is being done to ensure that state land and buildings are managed effectively, Mrs Lim said her ministry has reviewed and reduced office space norms.

Agencies exceeding these norms will have to pay a surcharge and also a rental charge to highlight the opportunity cost.

Mrs Lim said: “We will also be looking to extend this framework for office space to other types of uses, such as staff apartments, chalets and institutional buildings. The framework will also strengthen the monitoring of vacant space.” - CNA/ms


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