On 26 June 2012, the Vice Minister of Finance, Rui Manuel Hanjam inaugurated the regional office of the Asset in Suai district.
Vice Minister of Finance Rui Hanjam in his remarks said that the asset office is part of the Ministry of Finance reform programs. He explained that the major reforms of the ministry of finance are in the area of public financial management such as FreeBalance, Law on Public Financial Management, Human Resources capacity building, Procurement reform with Portal Transparency, Institutional reform and Infrastructure reform. Mr Hanjam further said that the objective of establishing asset regional offices, including this office in Suai is to enhance asset management in order to facilitate the civil servants carrying out their roles. As such, the role of regional asset offices will be among others, to monitor the use of the state assets so as to benefit the government organizations in their daily works. One specific rule is that, vehicles that have reached 5 years of use will be withdrawan from the distric government offices, and will be pooled in the ASSET directorate to be auctioned later. This aims to reduce the burden of the state budget. Mr Hanjam reiterated that having this office is an advantage for the district, therefore, he appealed the district people to preserve the office and help protecting the office from vandalism.
In addition, Rui Hanjam informed that the government is looking seriously at the development of the South Coast Project that includes new urban areas such as Supply Base in Suai, Betano (Manufahi) and Beaco (Viqueque). The objective of this project is to achieve a more balanced development progress between the North Coast and South Coast.
The District Administrator of Suai, Inacio da Silva Pires expressed his gratitude to the government of Timor Leste for havingconstructed this office which is important to facilitate the work of the civil servants in Suai in the area of asset management. He further asked the new government to pay particular attention on the rehabilitation of roads in Suai district over the next five years.
The ceremony was attended by a number of national authorities, including members of the Government, Directors General and Directors from the Ministry of Finance, and other relevant ministries and Deputy Commander of PNTL and local authorities including the district administrator and representative from Catholic Church.