SMEDA chief briefed the World Bank team about the measures planned by SMEDA to assist in individual and sectoral development of SMEs under the PGG project. He proposed the interlinking of the program with SMEDA's other SME development initiatives to introduce synergy in the upcoming World Bank's project.
The government has assigned the SMEDA to promote entrepreneurship and SME development and that the World Bank's current project will help the organization further strengthen its initiatives to make Pakistani SMEs more competitive and export ready. He agreed to extend support services of SMEDA to equip the local SMEs with internationally recognized managerial practices for becoming accredited suppliers to the international buyers.
Adja Mansora expressed confidence on SMEDA's capabilities on SME development program and hoped that the activities to be undertaken in collaboration with World Bank would help execute the PGG project amicably.
She discussed various proposals with regard to the joint activities in this regard and said that the Program would be conducted, in its first phase, as a sector agnostic pilot intervention targeting a select number of exporting firms.
It is notable that the government is currently discussing "Pakistan Goes Global" project with the World Bank that aims to enhance Pakistan's export and SMEDA has been proposed to undertake the component that entails 'Capacity Building of SMEs' to make them export capable.