Steps being taken for SMEs’ promotion, SMEDA board revitalisation: Kayani

Minister of State for Finance and Railways Bilal Azhar Kayani said the government is working to promote small and medium enterprises and revamp the SMEDA board, Business Recorder reported on Sunday. Speaking at the Jhelum Chamber of Commerce and Industry’s oath-taking ceremony, he described the government’s role as supporting private businesses and said Jhelum could develop into a regional commercial and economic centre.

Kayani said SMEDA provides small businesses with feasibility studies, industrial financing and vocational training. He also cited the Lahore, Rawalpindi Motorway route through Kharian and Jhelum, which he said is expected to be completed within two to three years. He asked the chamber to prepare a research-based proposal for an industrial estate, pledging to pursue it with federal bodies if a feasible plan is submitted within one month.