Missions and Duties of the Minister

The Minister of Economy, Industry and Public Portfolio executes the Nation's policy in the fields of economy, industry and public portfolio.

Missions:

On economy and industry:

• design and propose legislation on economic matters;
• monitor the application of economic regulations;
• highlight the economic potential of the Congo;
• encourage the participation of donors in the funding of national and community development projects;
• Define and apply measures to promote competitiveness, growth and development of the economy;
• to follow the evolution of the national economy and to propose any adapted measure of dynamisation or adjustment;
• contribute to the development and implementation of policies aimed at the development of the private economy;
• carry out studies and economic forecasts;
• design and implement organizational and management measures for industrial activities;
• implement, with the ministries concerned, the new industrial development instruments; including free zones, industrial zones, preferential zones and export insurance;
• to control, with the concerned ministries, the industrial establishments;
• adopt and value the results of applied research;
• to facilitate the effective transfer of technologies to the benefit of companies established in Congo and to take care of them;
• to facilitate the effective transfer of technologies to the benefit of companies established in Congo and to take care of them;
• promote, coordinate and monitor industrial activities;
• implement the policy of industrial standardization and quality control of national and international industrial products;
• orient and control companies in the field of industry;
• promote and guarantee industrial property;
• Promote and promote the creation of technical and financial bodies for the implementation of the policy of support for private initiatives;
• coordinate private sector promotion activities;
• coordinate the dialogue between the State and representative institutions of the private sector;
• Establish, in collaboration with the ministries concerned, an incentive environment for private sector investment and development;
• promote incentives for private initiative by nationals;
• promote and develop domestic and foreign direct investment;
• participate in the development of national industry and private sector development plans and programs;
• support the development of private initiatives and the strengthening of the competitiveness of enterprises, society and industries and their contribution to the economic and social development of the country;
• develop and implement, in consultation with the ministries concerned, an institutional and regulatory framework favorable to the creation and financing of enterprises;
• promote public-private partnerships;
• foster the emergence and development of growth poles;
• participate in the development of cooperation agreements in the field of its competence and ensure their application;
• participate in the development of environmental standards.

On public portfolio:

• exercise financial supervision over public companies;
• ensure optimal management of the public portfolio;
• acquire and manage State investments;
• carry out the economic and financial evaluation of the rights, shares, shares and bonds subscribed by the State.