Duties and Responsibilities of The Investment Department
Conduct statistics, training and specific assignments for department staff
Statistics and protection of departmental assets
Develop a departmental plan with timelines and show who is doing it
Develop a work plan, coordinate and operate a national investment commission
Investment planning in the country
Engaging business partners and attracting foreign investors
Working closely with governments and institutions interested in investing in Somalia such as IFC, Economic pillar working group etc.
Coordinating investment meetings in the country
Development of investment policy
Tracking the assets of foreign investors in the country
The Ministry of Commerce and Industry is responsible for overseeing commercial and industrial activities for the State of Somalia, directing these activities in accordance with the requirements of national development.