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Smeda identifies 13 sectors for investment

byCT Report
12/09/2016
in Business
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SIALKOT: Keeping in view the importance of China-Pakistan Economic Corridor (CPEC) for the development of Pakistan in general and SMEs in particular, the Small and Medium Enterprises (Smeda) has prepared a detailed report highlighting the avenues of investment by China and Pakistan.

Talking to APP, Smeda General Manager Outreach Muhammad Alamgir Choudary said that SMEDA, in its report, had identified the sectors in which business related investments could be made by the Chinese businesses.

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He revealed that a total of 13 sectors had been identified for investment and these sectors had also been included in the SMEDA SME Development Plan which was part of Pakistan Vision 2025 and also aligned well with the CPEC.

“The priority sectors are logistics, ICT and allied services, gems and jewellery, horticulture, construction, fisheries, energy, dairy and livestock, engineering, minerals, leather, tourism, textile made-ups and apparel,” he disclosed. Alamgir further said the SMEDA had also prepared the ‘Mass mapping’ identifying the districts situated on the CPEC route along with the investments opportunities available to the Chinese investors.

In an extended version of this map, the districts located as far as 100 km from the CPEC route had also been mapped for possible investment opportunities. “Furthermore, SMEDA is in consultations with other stakeholders to conduct pre-feasibility studies on the identified investment opportunities,” he added.

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