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Khusro Bakhtyar chairs meeting on SME development

ISLAMABAD, Pakistan: The Federal Minister for Industries and Production Makhdum Khusro Bakhtyar presided over the meeting of pre-NCC (National Coordination Committee) on SME Development.

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The meeting was attended by the Punjab Finance Minister Makhdum Hashim Jawan Bakht, the Chief Secretary Punjab Kamran Afzal, the CEO SMEDA Hashim Raza & relevant provincial secretaries of Punjab.

The Federal Secretary of Industries and Production & Senior Officers of the Ministry joined through a video link.

The meeting discussed the implementation plan relating to the land allotment to SMEs under the newly launched National SME Policy.

The federal minister said that the government had allocated 4,200-acre lands dedicated for SMEs in existing industrial estates on plug & play basis, now the provision of this infrastructure is being made available for SMEs with help of Provincial Governments.

The minister directed the Secretary Industries and Production and SMEDA to work with relevant authorities to devise a workable model to set up SME industrial estates based on a land lease model to reduce set-up costs for SMEs.

Khusro Bakhtyar said that the proposed model would be the central planning tool for all infrastructure decisions for catering the needs of SME clusters.

The minister reiterated that the Federal government will support all provincial governments to develop SMEs zones for the robust growth of SMEs countrywide.

The meeting of the National Coordination Committee on SME Development is scheduled on February 09, 2022 under the chairmanship of the Federal Minister for Industries and Production.

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