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Press conference

Monday, 21 March 2011

Reforms to be implemented in the field State property management

Head of State Property Management Department by the Government Karine Kirakosyan told today’s press conference which was held at the press center of the government that the State Property Management Department by the Government is planning to expand the State property registration base in 2011.

She went on to advise that the new base will incorporate the highways, bridges, water-mains and reservoirs, as well as the non-material assets of interstate and regional importance.

Another key problem is the registration of usage and ownership rights to State-owned immovable property. “The third priority area is the streamlining of ownership rights to those plots of land situated in the communities and occupied by State-owned immovable assets,” Ms. Kirakosyan said adding that in some cases the latter were handed over to the communities for free ownership and now the State Property Management Department by the Government is making efforts to get them back to the State.

Enhancing State-participated commercial entities’ work efficiency is the fourth task of the Department. To this end, the agency was said to have submitted to the Minister of Economy a timetable for introduction of the corporative management code as approved by the Government in 2010.

“We have drafted and submitted to the government the order to be followed in implementing qualification, certification, competitive selection, work evaluation and remuneration for the government’s authorized representatives in anticipation of the institute of authorized representatives in State-participated commercial entities,” the head of State Property Management Department by the Government said.

According to he speaker, two important actions are scheduled for the near future: streamlining of the order of management of those assets recovered by the State following the procedure of liquidation and the mechanisms applied in estimating rental fees for such assets. Currently the fees are calculated based on assets’ cadastre value which sometimes is absent due to which the calculations are made on the averaged estimate of such value. This makes it necessary to reconsider and possibly simplify the mechanisms of rental fee calculations.
 

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