Formulating effective and conducive investment and industrial policies to promote the development of sustainable, balanced and competitive manufacturing and manufacturing-related services sector as well as facilitating issue relating to trade.

Functions

1. To formulate effective and conducive investment and industrial policies to promote balanced, competitive and sustainable development for the manufacturing and manufacturing related services sector.

   • formulate and review policies relating to investments including sustainable investment, incentives, promotion, protection and liberalisation of investment;

   • coordinate and monitor implementation of policies and strategies relating to investments and incentives, promotion, protection and liberalisation of investment;

   • monitor implementation of policies and strategies relating to industrial estates; and

   • monitor implementation of policies and strategies relating to sub-regional development for trade and investment.

2. To facilitate trade to increase efficiency and effectiveness.

   • implement and monitor policies and strategies relating to trade facilitation;

   • coordinate, implement and review policies, strategies, incentives and industrial programs on trading across borders in line with government policies;

   • formulate, monitor and review policies and strategies on electronic trade facilitation;

   • promote the use and development of standards within the industry; and

   • monitor policies and strategies related to intellectual property rights within the industry.

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