Mandates and Functions
- Develop policy and strategies for the growth of the industrial sector
- Support the growth, development and diversification of industries for overall economic growth
- Support industrial transformation through innovation, investment and emerging technologies
- Promote Bhutan as an investment destination and support growth of FDIs
- Conduct studies, analysis and develop plans, projects and programs for industrial development.
- Promote, facilitate and manage industrial parks
- Create a conducive environment for the private sector to lead industrial growth and development
- Support rejuvenation of non-performing industries with future potential
- Spearhead the transformation of industry into a green industry
- Coordinate preparation of plans and budget
Cottage and Small Industry Promotion Division
- Formulate and implement CSI development policy and strategies to encourage the growth of CSIs and advise the government on issues related to CSIs
- Stimulate the development of the CSIs through creation of an enabling environment and provision of business development services including information and access to finance and market
- Promote and facilitate access to industrial parks and Common Facility Centers
- Facilitate transfer of knowledge and best practices for efficient business management
- Facilitate transfer of skills and technology to establish CSI businesses
- Institute support measures to bring the informal sector into the mainstream economy
- Explore and adopt opportunities of IT/ emerging technologies for the growth of CSI sector
Large Industries Promotion Division
- Develop policy and strategies for the growth and development of Medium & Large-Scale Industries
- Conduct domestic investment promotion and advocacy programs
- Appraise and process new domestic industrial project applications and upgradation, expansion and additional activities for the existing industries
- Appraise and process proposals for franchise, brand and management collaboration
- Promote value addition, innovation, green and emerging technologies
- Monitoring of the approved industrial projects
- Establish industrial linkages to adopt best practices with institutions and industrial parks/estates both in-country and ex-country
- Provide advisory and facilitation services to existing and potential investors
Invest Bhutan Division
- Promote Bhutan as an investment destination for FDI by functioning as an Investment Promotion Agency (in line with the FDI Policy 2019)
- Create an enabling environment for FDI
- Develop and implement investment promotion strategies and action plans
- Facilitate investment and establishment of FDI projects
- Provide post-establishment services
- Provide Policy recommendations for FDI
- Provide advice related to FDI treaties and other international agreements
Industry Sustenance Support Division
- Conduct research and studies related to industrial performance, market and raw materials
- Explore ways to support and revive non-performing industries with potential
- Provide advice and facilitate services to operate and manage the businesses efficiently (visa related, tax issues/incentives, currency, SRFL, import license, value addition certificate)
- Assess and analyze global industry status that has direct bearing on local industries
- Develop and manage industrial information and licensing systems
- Publication of annual industrial report
Industrial Park Management Division
- Assessment and identification of the designated area for business infrastructure development
- Conduct feasibility study taking into consideration socio-economic viability for development of business infrastructure (in conjunction with other relevant agencies)
- Planning, budgeting, monitoring and coordination of deposit works for execution by cluster agency
- Facilitate allotment of industrial land and space within the IPs/business infra
- Assess, approve and monitor construction of industrial sheds in industrial parks
- Management and maintenance of Industrial Parks
- Liaise with local government and service providers for utility services in the parks/estates
Environment Service Section
- Act as a Competent Authority for NEC delegated activities with regard to issuance/renewal of environment clearance and enforcement of environmental laws in the country
- Conduct capacity-building programs for the private sector and relevant officials on environmental management
- Carry out regular inspection and monitoring of industries for compliance with environmental regulation
- Advocate and support upgradation to clean technology
- Facilitate approval of environment clearance for non-delegated activities from NEC