Ministry of Industry (Spain)

Ministry of Industry and Tourism
Ministerio de Industria y Turismo

The current headquarters in the Nuevos Ministerios complex.
Agency overview
Formed4 November 1928 (1928-11-04) (as Ministry of National Economy)
Preceding agency
TypeMinistry
JurisdictionGovernment of Spain
Headquarters160 Paseo de la Castellana
Madrid, Spain
Employees3,133 (2019)
Annual budget 10.1 billion, 2023
Minister responsible
Agency executives
Child agencies
WebsiteMinistry of Industry and Tourism(in Spanish)

The Ministry of Industry and Tourism (MINCOTUR) is the department of the Government of Spain responsible for designing and implementing the government policy on industry and tourism. This includes designing the industrial strategy and development, as well as fostering entrepreneurship and small and medium-sized enterprises and defending industrial property. At the international level, these powers are exercised in coordination with the Ministry of Foreign Affairs.

The Industry Ministry, along with the Defence Ministry, has an important presence in the military industry and it regularly grants loans to state-owned enterprises for the promotion of this industry and the realization of military projects. In the past, when it had commercial powers, it also oversaw the import and export of military and defense equipment.

The MINCOTUR was established in 1928 to unify the economic responsibilities of the various government departments. Originally, it was named as Ministry of National Economy and, except for a brief period when it was called Ministry of Agriculture, Industry and Trade (1931–1936), it has since been known as the Ministry of Industry.