Lahore, March 11, 2015 (PPI-OT): Parliamentary Secretary for Industries and Production Rao Muhammad Ajmal Khan has advised the Small and Medium Enterprises Development Authority (SMEDA) to promote the business based upon Agriculture and food products.
While addressing a meeting at SMEDA head office the other day, he said that Pakistan being an agriculture country had a huge potential to tap the international market through value addition of the agricultural produces. The meeting was attended Mr. Muhammad Alamgir Chaudhry, CEO and the divisional heads of SMEDA.
He identified Potato as a major commodity having the largest scope for valuation addition. He said that the commodity could be turned into a wide range of exportable products by adding value as per the international practices. He urged SMEDA to initiate a consultative process with Potato growers of Kasur, Okara, Chiniot, Sahiwal and Pakpattan to devise a viable strategy in this regard.
The Parliamentary Secretary also advised SMEDA to prepare more pre-feasibility studies relating to agro-based business and industry. He said that SMEDA should also focus attention on indigenous development of agricultural implementations’ sector so as to supplement the agricultural economy in the country. He acknowledged pro-active role of SMEDA in developing the SMEs in Pakistan. However, he asked SMEDA management to expand its services down to the Union Council level.
Earlier, CEO SMEDA Mr. Muhammad Alamgir Chaudhry welcomed the Parliamentary Secretary Rao Muhammad Ajmal Khan along with the senior members of his team and gave a comprehensive briefing on SMEDA’s projects, services and future plans.
SMEDA CEO informed that SMEDA had facilitated a total investment of over Rs.27 billion up till now besides providing support to over 89,000 walk-ins through help desks. There were about 100,000 SMEs across Pakistan, which availed of the benefit from training through 2100 training programs organized by SMEDA.
He told that SMEDA had also been engaged in PSDP projects since the year 2006. “We have undertaken 27 PSDP projects of Rs. 3.82 billion so far including an investment of Rs. 1047.15 million by private sector and provincial governments” he asserted.
Nine projects of worth Rs.784.14 million have successfully been completed, whereas, 10 projects of worth Rs.1663.05 million investment were operational or under execution, he said adding that 8 projects of Rs. 324.12 million were suspended because of the unavailability of funds.
He pointed out that scarcity of funds’ problem was also being confronted by SMEDA on main operation of the organization, which had impeded the demand driven services and delivery for investment facilitation. However, we are striving hard to give the best possible results despite running the organization by just 50% of the HR Strength with a 30% cut on the original budget, 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
Email: firstname.lastname@example.org, email@example.com