Early appointment of SMEDA CEO urged

Karachi

Karachi:The Union of Small and Medium Enterprises (UNISAME) has hoped for an early appointment of chief executive officer (CEO) of the Small and Medium Enterprises Development Authority (SMEDA).

President UNISAME Zulfikar Thaver has said: “We look forward to an early appointment to put things in good gear and fast track”.

He said whoever is appointed will need to expedite the SME Policy, conduct survey to ascertain the strength of the sector, begin fast track SME uplift, upgrade and modernize SME units, advocate the cause of the sector vigorously.

Thaver said the union hopes the new CEO would comprehend the requirements of the sector for subsidized finance, setting up of Special Economic Zones (SEZ) for SMEs, filling of technological gap, global marketing support and tax relief and incentives for innovative, import substitution industries, facilitating, supporting, motivating and encouraging the farm sector and agro based units.

Thaver lamented the tall promises made by the government before elections and regretted the ignoring of the sector. He said for 2 years SMEDA remained without CEO and UNISAME kept reminding the ministry of industries for the urgent need for CEO to lead the team at SMEDA.