SPGA details 4 goals, 21 initiatives to raise state properties efficiency

Logo of State Properties General Authorities

The State Properties General Authority (SPGA) said that it is working to achieve its vision of maximizing the effectiveness of state real estate and achieving sustainable development by adopting four strategic goals, 21 initiatives and 14 performance indicators.

The authority indicated in a statement today that the strategic goals include defining an integrated and transparent regulatory framework for state properties and its enforcement, and optimizing their use.

The goals also include rationalizing rental and expropriation expenses of government agencies with the application of energy efficiency standards, and applying the best specifications and standards in government properties.

The strategic goals were built on four pillars, namely protection, efficiency, quality, and productivity, the statement said, adding that the 21 initiatives emerged from these four pillars.

Most notable of the initiatives are: reviewing and creating new laws and regulations; combining, documenting, issuing and updating state real estate deeds and contracts; digital transformation of the authority's services; land allocation based on the needs; leasing real estate that are feasible for investment; and recovering unutilized state real estate.

SPGA also stressed that it seeks to implement its mission to preserve the state's real estate and raise its productive and economic efficiency through innovative solutions.

The authority added that it achieved, in the past period, a number of positive indicators that contributed to the protection and development of the state's real estate system, as well as maximizing its developmental role, raising the real estate balance and pumping it into major economic and development programs in accordance with Vision 2030.