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Works Ministry calls for review of Government Asset Management Policy

PUTRAJAYA: The Works Ministry has called for a review of the Government Asset Management Policy (DPAK) to ensure that it is in line with the aspirations of the new government.

Its minister, Baru Bian, said the review will determine if all government assets are being managed in a systematic, holistic and sustainable manner.

He said the move will be a catalyst towards enhancing the effectiveness of the government’s service delivery system, especially as it is in the midst of tackling financial and economic challenges.

Bian said the review could establish that asset maintenance design should be implemented in the early stages of asset planning.

“The review of this policy (will also hopefully help) overcome issues of the unsuitability of government designs, maintenance and operations costs of government asset management,” he added.

Bian was met at the launch of the National Asset and Facility Management (NAFAM) Convention 2018, themed ‘High Performance Asset: Forging Ahead’ at the Putrajaya International Convention Centre (PICC) here today.

He said that the DPAK was implemented in March 2009 to outline the way forward for implementation strategies of asset management.

“All government agencies must adhere to this important government policy,” he added.

Bian said that based on current records, 38,000 premises, which include 170,000 building blocks, are registered as government assets.

“The government spent RM1.9 billion for Facility Management Services Contracts for the Works Department, in 2017.

“The government spent another RM832.7 million for the maintenance of federal roads.

“This is just a small fraction of the government’s total expenditure for the operations and maintenance of national assets, which come under all government agencies.

“Total government spending on asset management is about RM10 billion annually,” he added.

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