SMEDA, German ministry division sign MoU

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Small and Medium Enterprises Development Authority (SMEDA) and International Division of German Federal Ministry for Economic Cooperation and Development have signed an MoU for their Cooperation in the area of Industrial Energy Efficiency improvement and Green Productivity in Small and Medium Enterprises (SMEs) of Pakistan. Mr. Yousaf Naseem Khokhar, Chief Executive Officer, SMEDA and Mr. Werner Lindig, Director and head of International Division, “bfz gGmbH”, Germany singed the MOU on behalf of their respective organizations at a ceremony held at SMEDA head office today. CEO SMEDA Mr Yousaf Naseem Khokhar while exchanging his views on this occasion was confident that the partnership of Pakistan and Germany under the MOU would optimize energy efficiency by introducing latest tools & techniques in SME sector of Pakistan enabling the local industry work more efficiently and ecologically in a sustainable manner.
He hoped that the initiatives to be taken under this MOU would ultimately reflect positive impact on sustainable economic and social development of Pakistan. This is notable that under the aegis of MoU, both the organizations will jointly conduct detailed energy audits and implement energy management system and perform Green Productivity Audits with active participation of concerned Industrial Associations in Pakistan.