EDB and SME Business Support Fund collaborate to bolster engineering

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ISLAMABAD: Engineering Development Board (EDB) and SME Business Support Fund (BSF) have agreed to collaborate in the promotion of the engineering industries of Pakistan to cultivate greater productivity and competitiveness in local industry to allow it to develop a stronger presence in international markets. A Memorandum of Understanding (MoU) in this regard was signed between EDB CEO Aitazaz A Niazi and the Fund’s Chief Syed Saquib Moyuddin. The objective of the partnership is to establish a general framework to facilitate cooperation in specific areas in order to foster development of SMEs in the engineering sector of Pakistan.