The Department was established after the merger of the Department of Trade and Industry and the Economic Development Department.
The Department's Mission is to:
- Promote structural transformation, towards a dynamic industrial and globally competitive economy
- Provide a predictable, competitive, equitable and socially responsible environment, conducive to investment, trade and enterprise development
- Broaden participation in the economy to strengthen economic development
- Continually improve the skills and capabilities of the dtic to effectively deliver on its mandate and respond to the needs of South Africa’s economic citizens
- Co-ordinate the contributions of government departments, state entities and civil society to effect economic development
- Improve alignment between economic policies, plans of the state, its agencies, government’s political and economic objectives and mandate.
