The Department of Industry is entrusted with the responsibility to foster sustainable industrial development in harmony with national objectives and priorities. Accordingly, its functions are promotional as well as regulatory by nature covering the industrial sector classified broadly under manufacturing and services. The Royal Government’s focus on industrialization through the private sector has magnified the facilitative role of the Department to create an enabling environment for industrial development and support private sector initiatives.
Regulatory services comprise the implementation of various rules and regulations governing the industrial sector to promote deeper integration and linkages to other sectors and avoid conflicts in development. In doing so, sectoral requirements are integrated to maintain coherence and compatibility with the priorities and objectives of other sectors.
The Department has the following Divisions and Unit to carry out responsibilities:
1. Industrial Development Division (IDD)
2. Project Coordination Division (PCD)
3. Industrial Infrastructure Development Division (IIDD)
4. Company Registry Division(CRD)
5. Foreign Direct Investment Division (FDI)
6. Environment Unit (EU)
To attain industrialization in harmony with national goals and to increase the sector’s contribution to the national economy.
To accelerate the pace of industrial development by creating an enabling environment, industrial infrastructure and increased private sector participation.
GOALS / OBJECTIVES
To create an enabling environment including industrial infrastructure.
To foster sustainable and environment friendly industrial developments with broad based ownership
To increase the sector’s contribution to GDP
To continue private sector development and increase its involvement in industrial development.
To increase employment opportunities in the industrial sector.
To enhance the institutional and professional capability of the Department of Industry and its functional units.