n IMIESA - When assets become liabilities : insight
|Article Title||When assets become liabilities : insight|
|© Publisher:||3S Media (Pty) Ltd|
|Publication Date||Apr 2006|
|Pages||8 - 10|
Extracted from text ... 8 - IMIESA MAY 2006 INSIGHT The slow pace of service delivery has become a resounding catchphrase at all levels of public debate. Although there is a myriad of reasons for poor infrastructure, the crux of matter appears to lie in the allocation of funds and not in a deficiency of resources. Enormous sums are spent annually on developing the infrastructure. Tackling the lack of infrastructure asset management (IAM) practices in municipalities may be the key to resolving the problem. Building infrastructure is akin to investing in the future of a country, its people and their welfare. However, infrastructure assets ..
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