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Sher Ayub Khan Appointed as CEO SMEDA for Three Years

Federal Ministry of Industries and Production, as per its fresh notification, has appointed Mr. Sher Ayub Khan as Chief Executive Officer of the Small and Medium Enterprises Development Authority (SMEDA) for a period of three years and complying with the notification, Mr. Sher Ayub took over charge of his new position today at SMEDA head office.

Sher Ayub, as a senior Civil Officer, has a vast experience in management. Besides serving as Additional Secretary in the Ministry of Industries and Production, he has been performing important responsibilities in the Prime Minister Secretariat and Cabinet Division on Senior Positions of BS-21. During his posting as Additional Secretary, he has also been holding the additional charge of CEO National Productivity Organization (NPO) from 2014 to 2015 and CEO SMEDA from May 2016 to April 2017.

SMEs have Immense Business Opportunities in CPEC

China Pakistan Economic Corridor (CPEC) is bringing in 50 mega projects in Pakistan, which will provide innumerable business opportunities to SMEs creating thousands of new jobs, thus curbing poverty and achieving the ultimate goal of economic prosperity in Pakistan. It has been observed in a presentation compiled by the Small and Medium Enterprises Development Authority (SMEDA) for awareness of the Chambers of Commerce and Industry on CPEC. The Presentation discloses that out of 50 projects, 12 belong to infrastructure, 8 to Transport and 21 to the power generation. Whereas, the rest of 9 are being set up as Special Economic Zones. According to SMEDA sources, SMEDA has launched a move to make the business community aware of the opportunities carried by CPEC. In this regard, SMEDA teams led by Provincial Chiefs of Punjab, Sindh, Khyber Pakhtoonkhawa and Baluchistan have started visiting Chambers of Commerce and Industry situated in the respective regions.

A meeting of this series was arranged by SMEDA-Sindh team the other day at Sukkar Chamber of Commerce and Industry. Mr. Mukesh Kumar, Provincial Chief Sindh, giving the presentation based upon SMEDA research, informed that CPEC was the World’s largest economic project, which was being set up in Pakistan under China’s Mega Plan “One Belt, One Road” (OBOR). There are over 50 mega economic projects to be completed in Gwadar and other cities of Pakistan, which will yield a lot of SMEs alongside OBOR and CPEC, SMEDA experts said and urged the SME Community to get prepared for availing of the opportunities emerging under the mega economic development plan being implemented jointly by the governments of Pakistan and China.

Meanwhile, CEO SMEDA Fuad Hashim has urged the provincial offices of SMEDA to expedite the CPEC awareness move and also include the business and trade associations of SME sectors in it so that the benefits of this mega projects can be transferred down to the gross root level.

Federal Secretary Industries and Production Appreciates SMEDA for Developing a Progressive Annual Plan

Federal Secretary Industries and Production Mr. Khizar Hayat Gondal has appreciated the Small and Medium Enterprises Development Authority (SMEDA) for evolving a progressive annual plan for the year 2017-18. While taking a presentation on SMEDA’s new plan, he observed that a series of annual SME Conferences had helped SMEDA to lay down the researched-based tangible initiatives for development of SMEs in the country. Amongst new initiatives of the plan, the Secretary specially applauded “the National Business Development Program” to be initiated across the country this year. He said, no doubt SMEDA is working very intelligently for SMEs facilitation by prudent utilization of the given budget. But, he advised to beef up rapport with international donor agencies to fill in the resource gap, which sometime becomes a barrier in achieving the development targets.

He was glad to learn that World Bank had rated a SMEDA-run initiative for early recovery of disaster-hit SMEs in Khyber-Pakhtoon-khawa as the 3rd best one implemented project among the 30 international projects. He appreciated SMEDA team that was involved in implementation of the project.  He expressed pleasure that the achievement had paved the way for second phase of the same initiative by the World Bank.

The presentation meeting of SMEDA Annual Plan was attended by senior officials of SMEDA including Dr. Naeem Rauf, General Manager Central Support Division, Ms. Nadia Jahangir Seth, General Manager Policy & Planning, Mr. Javed Iqbal Khattak, General Manager Outreach and Raja Hassanien Javed, Provincial Chief of SMEDA Punjab.

Product Development Centre to modernise sports good production

Small and Medium Enterprises Development Authority (SMEDA) is finalizing necessary arrangements to establish Product Development Centre (PDC) for Composite at the cost of Rs 498 million for putting the sports goods industry of Sialkot on modern production lines. The proposed PDC will be established within the premises of Sports Industry Development Centre (SIDC). Official sources told Business Recorder, here on Sunday that the step was being taken to enable the sports goods industry to adopt new manufacturing technologies including composite material and enter into the largest segment of sports goods exports. Presently, 55 percent of the sports goods are based on composite materials.

The basic concept of setting up this proposed PDC was to provide services such as product testing (physical and chemical), provide skilled workforce to the sector, enhance productivity by providing technical support services to new and existing industrial units, help develop (imported) machinery locally through reverse engineering and facilitate in increasing exports of composite-based sports goods.

Sialkot is globally known as producer of quality products in sports goods, surgical instruments, leather garment, gloves, accessories, sportswear and musical instruments, as well. Over 200,000 plus people are engaged directly or indirectly with export activities and annual export earnings of the city hover around US$ 1.8 billions annually. In sports goods industry where new materials had supplanted the old include tennis, archery, skiing, boating, golf and fishing.

The composites had replaced previous materials and eventually declined in price to widely affordable level. In the production of tennis rackets the wood was the only material for the frames that had totally been changed now into new high performance materials. The trend of tubular steel and aluminium rackets was more popular in 1970s and these were lighter than wood-made tennis rackets as well as unaffected by the weather. With the passage of time composite rackets became available and wood- made rackets virtually disappeared and at present 95 percent of all tennis rackets are being produced with composite materials.

The other sports goods equipments such as field, roller and ice hockey sticks and ice skates, golf clubs, fishing rods and billiard cues have been converted into composite materials. The sports sector already enjoying strong linkages with international sports goods brands, which would help in marketing of Pakistan-made products and help in regaining its position in the global market.

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