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United States Agency for International Development deputes economic experts to assess industrial sectors in Pakistan having potential for investment

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Lahore, March 08, 2013 (PPI-OT): SME sector has a great potential to create new jobs and investment opportunities in Pakistan. It was observed by Mr. Nihal Pitigala, Team Leader of United States Agency for International Development (USAID) experts on Asia Middle East Economic Growth Project at a meeting with Sardar Ahmad Nawaz Sukhera, Chief Executive Officer of the Small and Medium Enterprises Development Authority (SMEDA).

Mr. Pitigala informed that USAID had deputed a team of economic experts to assess industrial sectors in Pakistan those have a potential for future growth and investment. In particular, USAID is interested in industries that can create new jobs and increase incomes of firms and entrepreneurs in the province of Sindh and Punjab, he said adding that the two provinces are important for large urban population that could benefit from future donor assistance programs to be launched by USAID for addressing urban poverty issues.

Earlier, SMEDA Chief Sardar Ahmad Sukhera welcomed the guest and apprised him about the five year business plan to be developed by SMEDA for future SME development initiatives. The plan, he said, was focused on creating new jobs and investment opportunities. He assured of SMEDA assistance in the initiatives to be taken by USAID for SME development in Pakistan.

For more information, contact:
Liaqat Ali Gohar
DGM (Admin. and PR)
Small and Medium Enterprise Development Authority (SMEDA)
6th floor, LDA Plaza, Egerton Road, Lahore
Tel: 111-111-456
Fax: (042) 6304926
Email: helpdesk@smeda.org.pk
Website: www.smeda.org.pk

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