Duties and functions of the State Ministry

  1. Liaisoning with the relevant institution in devising new strategies for promoting investments in economic development
  2. Formulating policies, strategies and programmes for raising the level of income derived from underutilized assets vested in the Secretary to the General Treasury under Act No. 43 of 2011
  3. Transforming institutions vested on the Secretary to the General Treasury under Act No. 43 of 2011 into profit earning entities by investment in underutilized assets of such institutions
  4. Promoting investments maximizing the exploitation of the existing investment zones of the Board of Investments
  5. Promoting local and foreign investments in the major sectors of the government such as agriculture, tourism and information technology