SMEDA urged to set up value addition bureau in co-ordination with TDAP - Press Release issued by Union of Small and Medium Enterprises.

Karachi -- January 25, 2023 (PPI-OT)

Following is the text of press release issued by Union of Small and Medium Enterprises (UNISAME)

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The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Farhan Aziz Khawaja the new CEO of the Small and Medium Enterprises Development Authority (SMEDA) to the urgent need of setting up a value addition bureau in co-ordination with the Trade Development Authority of Pakistan (TDAP) to increase the exports of value added items.

President UNISAME Zulfikar Thaver said SMEDA is fortunate to have an experienced CEO who has spent sufficient time as the Managing Director of the Punjab Small Industries Corporation (PSIC) and knows the worth of value addition. UNISAME chief said Farhan Khawaja has been entrusted with big responsibilities for promotion and development of the majority SME sector at this crucial times when many SME units are on the verge of closure especially those who are the vendors of the big industries of textiles, automobiles and those dependent on imported raw material, equipment and parts also chemicals, plastics and several others. They are also dependent for packing material.

Thaver said this is the best time for import substitution industries and the government needs to pay heed and infact discuss with CPEC authorities and impress upon them and seek collaborations, transfer of technologies and partnerships with China. They need to renegotiate...