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Home Breaking News

FPCCI president highlights MSME role in economic growth

byCT Report
01/07/2026
in Breaking News, Chambers & Associations, Latest News, Pakistan Chambers, Slider News
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ISLAMABAD: Atif Ikram Sheikh, President FPCCI, has apprised that the Small and Medium Enterprises Development Authority (SMEDA) and the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), have jointly organized a stakeholder engagement session at Federation House, Karachi, to commemorate World MSME Day 2026.

Mr. Atif Ikram Sheikh underlined that the event brought together MSMEs, entrepreneurs, representatives of chambers and trade associations, women entrepreneurs, young entrepreneurs, financial institutions, academia and other stakeholders to celebrate the contribution of Micro, Small and Medium Enterprises (MSMEs) towards economic growth, employment generation and innovation.

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Mr. Saquib Fayyaz Magoon, SVP FPCCI, stated that Micro, Small and Medium Enterprises (MSMEs) are the backbone of Pakistan’s economy and play a critical role in employment generation, innovation and economic growth.

Mr. Saquib Fayyaz Magoon maintained that strengthening MSMEs required close collaboration between the public and private sectors. He appreciated SMEDA’s efforts in supporting entrepreneurs and creating platforms for dialogue with the business community.

Mr. Zeeshan Ahmed, Regional Chief (South) SMEDA, highlighted the significance of World MSME Day and briefed participants on SMEDA’s mandate, services and ongoing initiatives for MSME development. He informed participants that SMEDA, under the Ministry of Industries and Production, continues to facilitate MSMEs through business development services, entrepreneurship support, policy advocacy, access to finance facilitation, cluster development initiatives, export development support and capacity-building programs.

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