Organization Act of the Ministry of Economic Affairs Article 2

The MOEA shall be in charge of the following matters:1. Planning, formulation and promotion of investment policies and investment attraction strategies; and investment review.2. Planning, formulation, and promotion of technology innovation, research and development policies for industries.3. Establishment of or investment in production enterprises in accordance with economic and industrial policies.4. Supervision and management of state-owned enterprises, management of the Ministry’s stake in companies in which it has directly invested, and establishment approval, supervision and management of economic foundations.5. Supervision undertaken by subordinate agencies to oversee economic and industrial affairs, commercial development, international trade, energy affairs, development of small and medium enterprises as well as startups, water resources, intellectual property rights, industrial parks and technology industrial parks, national standards, commodity inspection, metrology, geological surveys, mineral and rock resources.6. Supervision, coordination, and promotion of subordinate training institutes for economic and trade affairs.7. Other economic-related matters.