Ministry urged to consider proposals of SME conference

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KARACHI: The International Council of Small and Medium Enterprises (ICSMEs) has urged the ministry of industries to consider the recommendations of the sixth SME conference organised by Shamrock Conference International in Karachi on September 5, according to a statement on Saturday.

 

Zulfikar Thaver, member national committee on SMEs (NCSMEs), said that the ICSMEs urged the government to treat the recommendations as a roadmap because the proposals on implementation would facilitate, encourage, support and motivate the sector, it said.

 

The SME conference recommended 25 points, which included development of a stronger policy for the national support of the SME sector, as it faced insufficient regulatory support, energy crisis and apathy towards infrastructure development.

 

The government needs to facilitate SMEs with land, finances, infrastructure, technical support, logistics, training and marketing facilities, it said.

 

He stressed the importance of innovation and knowledge-management to stimulate growth, including structural reforms, SME empowerment and good governance, entrepreneurial culture, global competitiveness, information technology and HR training.

 

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