SMEDA and FPCCI explore economic growth for MSMEs

SMEDA CEO Nadia Jahangir Seth emphasized the government’s commitment to empowering Pakistan’s micro, small, and medium enterprises (MSMEs) during a visit to the FPCCI’s regional office in Lahore. She highlighted SMEDA’s efforts to create a supportive ecosystem for MSMEs to innovate and contribute to the economy, aligning with Prime Minister Shehbaz Sharif’s vision for economic growth.

The discussion focused on collaboration to strengthen the SME sector, with Seth outlining key initiatives, including support for women entrepreneurs, SME registration and formalization, export promotion, and improved access to financial resources.

FPCCI Regional Chairman Zaki Ijaz acknowledged the challenges facing SMEs, including limited access to finance and complicated regulations, but stressed their importance in driving economic growth and job creation in Pakistan.

He also congratulated Seth on receiving the Tamgha-e-Imtiaz for her contributions to SME development. Both organizations are committed to ongoing collaboration to enhance MSMEs’ role in the national economy.

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