Small and Medium Enterprises Development Authority successfully completes 16 Common Facility Centres under Public Sector Development Program across the country

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Small and Medium Enterprises Development Authority successfully completes 16 Common Facility Centres under Public Sector Development Program across the country

 

Lahore, January 05, 2017 (PPI-OT): The Small and Medium Enterprises Development Authority (SMEDA) has successfully completed 16 Common Facility Centres under Public Sector Development Program across the country with a total investment of Rs.1.5 billion. According to a recent report compiled by SMEDA on PSDP projects, a set of further 4 projects with a cost of over Rs. 443 million, raising the total portfolio to about Rs.2 billion, would be completed in near future.

Currently, out of the 16 completed projects seven belong to Punjab that include Agro-food Processing Facility Multan, Gujranwala Business Centre, Revival of Cutlery Institute Wazirabad, Women Business Incubation Centre, Sports Industries Development Centre, Sialkot, SME Subcontracting Exchange, Gujranwala and Foundry Service Centre, Lahore.

The four projects completed in Sindh are; Glass Products Design and Manufacturing Centre Hyderabad, Red Chilies Processing Centre Kunri, Revival of Hyderabad Leather Footwear Centre and Women Business Incubation Centre, Karachi. Similarly, the four projects have been set up in KPK, which include Chromite Beneficiation Plant Khanozai, Washing and Pressing Unit, Matta Mughal Khel, CFTC for Light Engineering Cluster, Mardan and Women Business Development Centre, Peshawar. The one project established in Quetta is “the Women Business Incubation Centre Quetta.

Three, out of the total four projects reported to be under execution, belong to Swat; Establishment of CFC for Silk Cluster at Mingora, establishment of CFC for Honey Processing and Packaging, Mingora and Women Business Development Centre, Mingora. A project named as Sialkot Business and Commerce Centre is also under completion in Sialkot.

Giving reasons for SMEDA’s entrance into Public Sector Development Program, Mr. Sher Ayyub, CEO SMEDA informed that SMEDA, through interaction with stakeholders of SME sectors, had identified certain potential clusters of SMEs, which were unable to tap export market despite surplus production, just due to unavailability of the modern technology.

For instance the Mango growing cluster of Multan was wasting tons of the mangoes every year for having no pulp plant, Football production of Sialkot was losing world market due to unavailability of the mechanized football manufacturing technology and Kunri’s abundant production of Chillies were being contaminated for having no mechanical dehydration facility, he said adding that in fact, such technologies were not affordable to the SMEs due to heavy cost.

Therefore, SMEDA, with the support of federal Ministry of Industries and Production, came forward and accomplished the hard task by establishing 16 units for the 16 export oriented clusters of SMEs across the country. CEO SMEDA observed that by this way, SMEDA had not only saved thousands of the working and enterprising families going jobless, but also given a boost to the national exports.

He acknowledged that the big and costly project like Agro food Processing Facility Multan, Gujranwala Business Centre, Sports Industries Development Centre, Sialkot and Foundry Service Centre Lahore could not be completed without strong patronage of the federal Ministry of Industries and Production that helped arrange funding from PSDP.

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
Email: aligohar@smeda.org.pk, helpdesk@smeda.org.pk
Website: www.smeda.org.pk