Valuing public assets

Description

Valuing public assets involves systematically identifying, assessing, and assigning economic, social, and environmental worth to resources owned by governments or communities. This process enables informed decision-making for asset management, investment, and maintenance, ensuring transparency and accountability. By accurately valuing public assets, authorities can optimize resource allocation, prevent undervaluation or neglect, and support sustainable development, ultimately remedying inefficiencies, mismanagement, and loss of public wealth.