Cuba has officially established a new government institution tasked with leading the transformation of the country’s state enterprise system, creating a central body responsible for improving the operation, organization and development of state-owned businesses.
The National Institute of State Business Assets (INAEE) was formally created on June 30 through Decree 144/2026, published in the Official Gazette of the Republic of Cuba. The new entity will operate under the Council of Ministers and has been assigned responsibility for directing strategic changes within the state enterprise sector.
The government said the institute’s creation forms part of the actions established in the Economic and Social Program of the Government 2026, with the specific objective of transforming the state enterprise system. The measure reflects a renewed focus on restructuring the country’s main economic actors and strengthening the performance of state companies.
Roberto Ricardo Marrero has been appointed to lead INAEE and will oversee the implementation of policies designed to reinforce the state enterprise sector. His appointment places him at the centre of efforts to introduce the new framework and guide changes in how state-owned businesses are managed and developed.
According to the decree, one of the institute’s main objectives is to strengthen the separation between government functions and business operations. The measure seeks to establish clearer responsibilities between state authorities and enterprises while promoting greater operational efficiency within the state sector.
INAEE will also work to encourage the development of a mixed enterprise structure, strengthen training and auditing systems, and expand the autonomy of state enterprises. The government said greater independence for businesses would allow them to make faster and more effective decisions in response to economic conditions.
A key expected result of the institute’s creation is a reduction in the administrative workload currently handled by agencies of the Central State Administration that oversee the country’s extensive enterprise system. The new structure is intended to provide specialized supervision for state companies while allowing government bodies to focus on their primary administrative responsibilities.
During a press conference in Havana, Minister of Economy and Planning Joaquín Alonso Vázquez explained that the institute would help improve the regulatory framework governing state enterprises. He said the organization would allow for differentiated treatment of various entities within the state enterprise system, enabling policies to be adjusted according to the specific characteristics and needs of individual businesses.
Alonso Vázquez said the institute’s central mission would be to direct the transformation of the socialist state enterprise, which the government considers the main actor in Cuba’s economy. He said the new body would support stronger coordination among economic participants and seek to make better use of the country’s productive and service capabilities.
The institute has also been assigned responsibilities including the modernization and reorganization of state enterprises, business groups, unions and corporations. It will establish performance objectives and strengthen governance boards within these entities as part of efforts to improve management and accountability.
The Economy Minister emphasized that the creation of INAEE would not reduce the autonomy of individual enterprises or change the responsibilities of existing state institutions that interact with the state enterprise system. Instead, he said the institute would support the transformation process through research, analysis and studies designed to guide future policy decisions.
With its establishment, INAEE becomes a central component of Cuba’s planned effort to reshape the state enterprise model, focusing on management reforms, increased autonomy and a more structured approach to the oversight of state-owned businesses.
