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The National Institute of State Business Assets (INAEES) is the new entity of the Cuban regime created to centralize control over more than 2,000 state-owned enterprises in the country, operating directly under the Council of Ministers and effectively functioning as a "super ministry" of the state enterprise system.
The INAEES was announced in December 2025 by the Vice Prime Minister Óscar Pérez-Oliva Fraga before the National Assembly, linked to the draft Law of the Socialist State Enterprise, a document that has been in circulation for more than two years without formally being approved by the Cuban parliament.
On Friday, Roberto Ricardo Marrero was appointed president of INAEES, in a ceremony held at the headquarters of the Maritime Port Transport Business Group (GEMAR), an organization he had been leading until that moment.
The event was attended by the Minister of Transportation, Eduardo Rodríguez Dávila, and Miguel Mario Cabrera Castellanos, head of the State and Government Personnel Management.
Luis Alberto González Nieto has taken over as the head of GEMAR, previously serving as the deputy director of the organization.
The INAEES is part of the Economic and Social Program of the Government 2026, approved in April of this year, whose General Objective 4 states, "to transform, modernize, and develop the Cuban business system by strengthening the role of the socialist state enterprise, emphasizing the integration among all economic actors."
This program is structured around 10 general objectives, 111 specific objectives, 505 actions, and 309 indicators and goals.
Historically, the Cuban state business system has been organized around the OSDE (Superior Business Management Organizations), entities that group state enterprises by sector affinity to coordinate and control their performance.
The had already anticipated the reconfiguration by ordering to "begin the improvement of the OSDE, starting with modifying its conception and functions."
The INAEES would reorganize or replace some of those functions at the central level, exercising the powers of the state owner over the entire business system.
The organization Cubalex describes the INAEES as a mechanism of recentralization that concentrates economic power in the hands of the State, contradicting official rhetoric regarding business autonomy and bureaucratic reduction.
In April, Díaz-Canel announced a "restructuring" of the state apparatus with fewer ministries and intermediate structures before mid-2026, but analysts interpret the creation of INAEES as a greater concentration of control, not a true decentralization.
All of this is happening in the context of the worst economic crisis in decades, characterized by fuel shortages and prolonged blackouts, which led the regime to approve "Government Directives to address a severe fuel shortage."
The draft law on the Socialist State Enterprise, which would provide definitive legal support for INAEES, has still not been formally approved by the National Assembly, more than two years after it began to circulate.
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