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BUILD, MoI discuss updates on SME projects

FE Desk | December 09, 2018 00:00:00


Business Initiative Leading Development (BUILD) discussed the undertakings of SME Development Working Committee (SMEDWC) at a meeting in the city recently.

Abdul Halim, Secretary in-charge at Ministry of Industries (MoI), and Ferdaus Ara Begum, CEO of BUILD, led the respective sides, said a statement.

The meeting also highlighted the improved coordination of SME/SMCI development through SMEDWC under the Technical Assistance (TA) to BSCIC Component of the European Union (EU) funded programme titled 'Poverty Reduction through Inclusive and Sustainable Markets (PRISM).

"BUILD is happy to collaborate with the TA Component of PRISM for the coordination and support. A sub-working group with a number of public and private institutions may work on a specific agenda," said the BUILD CEO.

Earlier, the BUILD CEO made a presentation informing the activities held so far under the SMEDWC and requested the Secretary for holding the next meeting in early quarter of 2019.

"We are moving to yield result-oriented works rather than the process-oriented works followed earlier since SMEs are needed to know about the global changes and in this respect proper global model should be given to them for addressing the change of demand in coming years," the meeting was told.

The Secretary in-charge, MOI, endorsed the proposal of engaging BUILD to support the co-ordination activities routed through SMEDWC and agreed for needs assessment workshops to understand the emerging need of SME/SMCI.

Echoing the voice of the secretary for extending real support to cluster-based activities, Ali Sabet , Team Leader of the TA Component of PRISM, elaborated further on the proposed collaboration with BUILD for the improved coordination of SME/SMCI development.

Md. Mahbubur Rahman, Joint Secretary, MoI and Project Director of PRISM programme, Faruque Ahmed, Deputy Chief (Current Charge) Planning-3, MoI and Mehruna Chowdhury, Gender Consultant and Research Associates of BUILD were present at the meeting.


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