MoU Signed between SEDF, SSIC to enhance SMEs in Sindh

Karachi, September 9, 2024: Sindh Small Industries Corporation (SSIC) and Sindh Enterprise Development Fund (SEDF) have signed an MoU (Memorandum of Understanding) to promote small and medium enterprises (SMEs) in Sindh.

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Both enterprises joined hands in a ceremony held at the Sindh Secretariat, aiming to boost economic growth, create job opportunities, and facilitate SMEs. According to the details, this partnership can potentially upscale industrialization in Sindh.

The collaboration between these two sharks will provide financial support to SMEs and technical assistance to businesses seeking operational efficiency. Moreover, the MoU also focuses on building the capacity of small and medium enterprises by providing essential training programs to enhance their skills and give them insight into the sector.

This collaboration will also benefit SMEs in reaching the larger market and adopting the latest technologies to become more competitive.

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Sindh SMEs are an unavoidable factor in the region’s economic growth. This collaboration will act as a support system for SMEs and entrepreneurs, resulting in poverty alleviation and industrial and social development.

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