SBI initiative: Fund created to encourage investment
SEDF will provide legal, institutional mechanism for value addition in agriculture, livestock, dairy and fisheries.
A camel at the livestock and dairy expo in Karachi. Sindh Board of Investment chairman said the ‘Sindh Enterprise Development Fund (SEDF)’ had been created to encourage investment. PHOTO: PPI
KARACHI:
The Sindh Board of Investment has created the ‘Sindh Enterprise Development Fund (SEDF)’ to encourage investment in the Small and Medium Enterprises (SME) sector, said the body’s chairman Ali Arshad Hakeem at the inaugural day of the two-day livestock, dairy fisheries, poultry, and agriculture exhibition (LDFA-2014) at the Karachi Expo Centre.
Hakeem added that the fund will help provide technical assistance in preparing feasibilities, obtaining loan from banks, preparation of SEDF’s support form and financial assistance in the form of interest payments etc.
Published in The Express Tribune, March 2nd, 2014.
The Sindh Board of Investment has created the ‘Sindh Enterprise Development Fund (SEDF)’ to encourage investment in the Small and Medium Enterprises (SME) sector, said the body’s chairman Ali Arshad Hakeem at the inaugural day of the two-day livestock, dairy fisheries, poultry, and agriculture exhibition (LDFA-2014) at the Karachi Expo Centre.
The SEDF will provide legal as well as an institutional mechanism to create opportunities for value addition in the agriculture, livestock, dairy and fisheries sectors for multiple economic benefits on growth, intermediary services and productivity. It also seeks to introduce farm-level interventions to improve efficiency and profitability, he said.
Hakeem added that the fund will help provide technical assistance in preparing feasibilities, obtaining loan from banks, preparation of SEDF’s support form and financial assistance in the form of interest payments etc.
Published in The Express Tribune, March 2nd, 2014.