Small and Medium Enterprises Development Authority has facilitated investment of Rs.28 billion through its interventions in industrial and commercial sector: Dr. Naeem Rauf

Lahore, November 17, 2015 (PPI-OT): The small and Medium Enterprises Development Authority (SMEDA) has facilitated a total investment of Rs.28 billion through its interventions so far in the industrial and commercial sector. It was stated by Dr. Naeem Rauf, General Manager Central Support Division of SMEDA while addressing a delegation of the Punjab Government officers, who visited SMEDA as participants of 12th Public Policy and Governance (PPG) Course from Management and Professional Development Department (MPDD). Ms. Nadia Jahangir Seth, Deputy General Manager Policy and Planning, Mr. Ashfaq Ahmad, DGM-Business and Sector Development, Mr. Mukesh Kumar, Technical and Innovative Services and Mr. Liaqat Ali Gohar, DGM-Admin. and PR and other senior officials of SMEDA accompanied the GM on this occasion. Whereas, Mr.Omer Farooq Alvi, Director MPDD was leading the visiting delegation.

Dr. Naeem Rauf highlighted the current initiatives to be taken by SMEDA for SME development in the country. He especially referred to SMEDA’s five year SME Development Plan in this regard. He explained that SMEDA’s development plan based upon 13 sectors had been appreciated by the government. A number of the important segments of the plan had been made part of vision 2020 of the government of Pakistan. The priority sectors of the plan include, Food, Agriculture, Logistic, Gems and Jewellery, Information Technology and Allied Services, Construction, Engineering, Energy, Leather, Mineral, Tourism and Textile, he said.

Dr. Naeem Rauf also highlighted the role of SMEDA in Prime Minister’s Youth Business Program. He said that SMEDA had been given the lead advisory role in implementation of the Prime Minister’s Youth Business Loan Program. He informed that all of the pre-feasibilities studies prepared by SMEDA on the potential business sectors were available on SMEDA website, which could be freely downloaded from there. The feasibilities belonging to Engineering and Manufacturing, Information Technology, Agriculture, Fruit Processing, Livestock, Food, Services and Minerals were excessively being downloaded by the public, he said and informed that apart from millions of the visitors approaching through SMEDA website, about 23, 167 walk-ins loan applicants were also facilitated directly at SMEDA help desk, he added.

Dr. Naeem Rauf further told that SMEDA, despite being a very lean government organization, had given optimal results in SME development. SMEDA has so far entertained 91,311 walk-ins at RBCs apart from developing 170 pre-feasibility studies of various sectors, 285 tailor-made business plans and 2,335 training programs held with 100,0290 total participants in 75 cities of the country. SMEDA has undertaken 27 Common Facility Centers as PSDP Projects and mobilized a total investment of over Rs.28 billion so far as a result of its entire interventions comprising services and projects, he added.

For more information, contact:
Liaqat Ali Gohar
DGM (Admin. and PR)
Small and Medium Enterprises Development Authority (SMEDA)
4th Floor, Building No. 3, Aiwan-e-Iqbal Complex,
Egerton Road, Lahore
Tel: +92-42-111-111-456
Fax: +92-42-36304926-7