Thulas Nxesi says he's shocked at the spending irregularities of more than R34 billion in the last 13 years.
Thulas Nxesi largely attributed the irregular expenditure of public funds to poor management.
Nxesi has confirmed his dept has misspent R34.9 billion dating as far back as 2001.
The minister says the new PMTE will professionalise the operation and lead to cost savings.
The public works minister said R5 million a month was spent on 108 vacant properties.
Public Works Minister Thulas Nxesi addressed Sadtu members in Khayelitsha on Friday.