1 Day
Source:
صدى البلد
_1777352244987_250242181.png&w=48&q=75){kind=small}
_1777352142843_145525226.png&w=48&q=75){kind=small}
Parliament explores using dormant assets for youth projects
The article discusses the government's efforts to address unused state-owned real estate assets. Parliament member Dr. Mohamed Abdul Hamid called for revealing the government's plan to transform these assets from liabilities into economic and investment resources. He emphasized the importance of inventorying and reviewing the total area and buildings that are currently unused, which are estimated to have significant value and size. He urged moving beyond mere possession of these assets to maximizing their economic value by repurposing them into residential, industrial, service, educational, and healthcare projects. Additionally, he called for developing a unified database to identify the optimal locations and uses for these assets, and for leveraging them through public-private partnership systems to generate financial returns and support economic diversification. Clear timeline programs should be established for inventorying and utilizing these assets in a way that maximizes the country's resources and creates employment opportunities. The performance of these efforts should be linked to the levels of utilization of the otherwise idle assets.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)