EDF ap­proves KP Women En­trepreneurs Pro­gramme

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

Cur­rency Sell­ing Buy­ing IS­LAM­ABAD—Board of Ad­min­is­tra­tors of Ex­port De­vel­op­ment Fund (EDF) ap­proved on Tues­day KP Women En­trepreneurs Skill De­vel­op­ment Pro­gramme in Peshawar un­der which train­ing cen­ter for KP women en­trepreneurs will be es­tab­lished with the aim to ex­plore new mar­kets and to im­prove the prod­ucts for ex­port ori­ented ac­tiv­i­ties in Cen­tral Asia, Afghanistan and In­dia. The project will be im­ple­mented by the Women Chambers of Com­merce and In­dus­try, Peshawar in col­lab­o­ra­tion with the Khy­ber Pakhtunkhwa Small In­dus­tries De­vel­op­ment Board. The 72nd meet­ing of BoA of EDF was held un­der the chair­man­ship of Min­is­ter for Com­merce, Engr. Khur­ram Dast­gir Khan.

The pro­posed cen­ter will fo­cus its train­ings to­wards re­vival of the lo­cal prod­ucts which has the po­ten­tial for ex­ports through im­part­ing 600 trained women en­trepreneurs in two years, said a state­ment here. The KP women en­trepreneurs will be trained to learn mar­ket driven skills, ex­hi­bi­tion of their prod­ucts, whereas young women will be trained as work­ers in skill ori­ented busi­ness in­clud­ing hand em­broi­dery, dress mak­ing, and de­sign­ing, jewelry mak­ing and im­proved khaddi-made prod­ucts like shawls, bed lenin, bath and home ac­ces­sories. The Board also ap­proved fund­ing for a project of Fish­eries De­vel­op­ment Board to es­tab­lish pen fish farm of sea bass and groupers along the coastal belt of Thatha and Baddin dis­tricts of Sindh. Un­der the project 50 pen fish farms will be es­tab- lished each of 1200 sq. yards with total area of 12.5 acre.

Pen cul­ture is a tech­nol­ogy of fish pro­duc­tion in which an en­clo­sure is es­tab­lished in shal­low sea wa­ter or in a creek area out­side sea. The project aims at pro­mo­tion of fish­eries sec­tor through pri­vate sec­tor in­vest­ment in high value aqua­cul­ture and farm­ing sys­tems by es­tab­lish­ing clus­ter of pen fish farms at the coastal ar­eas of Sindh which have no coastal aqua­cul­ture. Pen fish farms will be de­vel­oped along the coastal ar­eas of Sindh which are ly­ing waste and are not gen­er­at­ing sub­stan­tial eco­nomic ac­tiv­ity for the res­i­dents. The Board also ap­proved fund­ing for the In­ter­na­tional De­fence Ex­hi­bi­tion and Sem­i­nar (IDEAS) to be held in Novem­ber this year.

IDEAS is a Pak­istan’s ma­jor de­fence ex­hi­bi­tion in which Pak­istan’s pub­lic and pri­vate sec­tor and for­eign com­pa­nies pro­duc­ing de­fence equip­ment par­tic­i­pate and show­case their prod­ucts. Up-gra­da­tion of Em­broi­dery Unit of the Leather Prod­uct De­vel­op­ment In­sti­tute, Sialkot was also ap­proved which, once com­pleted, would im­part train­ing to the as­pir­ing stu­dents on mod­ern ma­chines. The Min­is­ter di­rected the Trade De­vel­op­ment Author­ity of Pak­istan to pre­pare for Expo, As­tana 2017 with the theme ‘Expo-En­ergy for Life’. The Expo will be held for three months and will fo­cus on the re­new­able en­ergy and its ex­ports. The Board also ap­proved the hir­ing of an Ex­ec­u­tive Direc­tor for the EDF Sec­re­tar­iat who would be re­spon­si­ble for fi­nan­cial plan­ning and man­age­ment of EDF funds, de­vel­op­ment of an­nual strate­gic plans, project de­vel­op­ment and eval­u­a­tion and over­all man­age­ment of EDF Sec­re­tar­iat.

IS­LAM­ABAD: Fed­eral Min­is­ter for Com­merce Engr. Khur­ram Dast­gir Khan chair­ing the 72nd meet­ing of Board of Ad­min­is­tra­tors of Ex­port De­vel­op­ment Fund.

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