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Bureau of Commonwealth Corporations

The Bureau of Commonwealth Corporations is part of the Ministry of the Commonwealth.

The Bureau of Commonwealth Corporations is a bureau of the Ministry of the Commonwealth responsible for coordinating government-owned enterprises, devolved commercial activities and overseeing government commerce and industrial governance across Vekllei. The bureau serves as the central coordinating body for all government-owned corporations and commercial enterprises under federal authority.

Government corporations are typically subordinated to their relevant ministries, and the Bureau has no direct oversight over their management or operation. The Bureau instead bestows legal entitlements to government departments for ownership and use of a corporation, and monitors performance, joint ventures between ministries and governance standards for government enterprises. It also manages the Commonwealth’s strategic investments and facilitates commercial cooperation between different government sectors.

Constituents

  • Commonwealth Corporations Council: Administration of major government-owned corporations and governance council between them.
  • Vekllei National Congress of Public Corporations: Autonomous congress and coordinating body for all state-owned industries.
  • Veletian Interest Corporation: Joint commercial projects between different government ministries.
  • Commonwealth Strategic Investment Fund: Long-term strategic investments and capital allocation.
  • Municipal Corporations Council: Support, training and funding for municipal and cooperative enterprise.
  • Government Commercial Services: Central procurement and commercial services for all ministries.
  • Commonwealth Industrial Development Corporation: Cross-sectoral industrial projects and development.
  • State Enterprise Performance Monitoring Office: Regular assessment and reporting on corporate performance.

Council

Departments

  • Department of State Enterprises
    • Office of Analysis
    • Office of Survey & Statistics
    • Office of Government Officers
    • Office of Corporate Councils
  • Department of Governance & Rescue
    • Office of Board Appointments
    • Office of Compliance Monitoring
  • Department of Strategic Services
    • Office of Investments & Commissions
    • Office of Common Development
    • Office of Criminal Practice & Prosecution