SMEDA to prepare long-term program for internationalization of Pakistan’s SMEs

Lahore, August 17, 2017 (PPI-OT):The Small and Medium Enterprises Development Authority (SMEDA) is devising a long-term program for internationalization of Pakistan’s SMEs by enabling them meet global standards of the world export markets. The program was discussed at a meeting held today with CEO SMEDA Mr. Sher Ayub Khan in chair, who was informed that the program was being evolved in collaboration with Netherlands’ Expert Organization known as “PUM”.

Mr. Sheheryar Tahir, Incharge SMEDA’s Directorate of External Relations, further informed on this occasion that a joint fact finding mission of SMEDA and PUM had collected insight from the stakeholders of SME sector by holding consultative sessions with a cross-section of the trade bodies to lay down the program. Mr. Odulfus Van Summeren, a Senior Expert of PUM from Netherlands had been working with SMEDA to undertake the consultation process and determine the impediments weighing down evolution of SMEs in Pakistan.

For this purpose SMEDA had also organized various industry field visits for a complete in-depth analysis of the structure and process of industry. Taking benefit of the Dutch Associate, SMEDA also arranged counselling sessions with several Startups, Business Incubation Centres and Chambers of Commerce to discuss their constraints and offer on-the spot practical advice based on the experts experience of Netherlands.

During multiple meetings with trade bodies, SMEDA was praised by Chambers of Commerce of Lahore, Rawalpindi and Faisalabad for initiation of a much-needed program and were of the opinion that PUM program will help SMEs evolve to global standards and make them capable of accessing new potential export markets.

CEO SMEDA Mr. Sher Ayub advised the External Relations Directorate of SMEDA to ensure early implementation on the program so as to achieve the set goals at the earliest possible. He hoped that the program will scale up SMEs of Pakistan thus making them capable of exporting goods and adding to export revenues of Pakistan.

It is notable that PUM is a non-profit organization established in 1978 by the Dutch employers’ federation with financial support from the Netherlands Ministry of Foreign Affairs that has assisted over 40,000 organizations world-wide since 1978. The organization has more than 3,000 highly experienced businessmen and professionals as experts for delivering their services all across the globe. The local trade bodies hope that SMEDA’s collaboration with PUM will enhance exporting capability of the local SMEs through implementation of the well-built program, which will become a source of substantial increase in foreign exchange earnings of Pakistan.

For more information, contact:
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

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