Total Value of the Property Portfolio that the Department of International Relations and Cooperation owns in Africa, Europe, America, Middle East, Asia, and Australasia

QUOTE

NATIONAL ASSEMBLY

FOR WRITTEN REPLY

QUESTION NO: 287

PUBLISHED IN INTERNAL QUESTION PAPER NO 2 OF 19 FEBRUARY 2010
MR S MOKGALAPA (DA) TO ASK THE MINISTER OF INTERNATIONAL RELATIONS AND COOPERATION:

What is the total value of the property portfolio owned through her department in (a) Africa, (b) Europe, (c) America, (d) Middle East, (e) Asia and (f) Australasia?
In respect of parts (a) to (f)

REPLY:

A property valuation of all state owned properties outside of the borders of the RSA, performed in 2007, reflects the following portfolio value:

(a)

Africa

R 146,708,760.95

(b)

Europe

R 3,343,678,190.00

(c)

Americas

R 244,088,475.90

(d)

Middle East

R 162,153,180.00

(e)

Asia

R 434,538,133.00

(f)

Australasia

R 24,881,897.00

In terms of the Department’s asset management policy, the properties will be valued at 5 yearly intervals, with the next valuation to be performed in 2012.

UNQOUTE
 


 

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