ADB pledges continued support to SME | The Daily Star
11:00 PM, November 11, 2009 / LAST MODIFIED: 11:00 PM, November 11, 2009

ADB pledges continued support to SME

Asian Development Bank (ADB) will continue its support for development of small and medium enterprises (SME) in Bangladesh.
Newly appointed ADB Country Director Paul J Heytens said this yesterday during a meeting with SME Foundation Chairman Aftab ul Islam at the foundation office, according to a press release.
The ADB top official in Bangladesh also expressed his satisfaction observing the activities, programmes, mission, vision and objectives of SME Foundation.
During the meeting, they exchanged ideas about issues like capacity building, women entrepreneurship, poverty elevation and income or job generation, co-ordination, monitoring system, encouragement and the process of providing necessary assistance and guidance for the SME development and its promotion.
The ADB official said the proper nursing and development of SMEs and SME sector and upholding women empowerment would help boosting up income opportunities, strengthen household security, improve living standard and reduce the risk of unemployment issues.
Referring to the role of SMEs in poverty eradication and women empowerment, Paul J Heytens hopes all the stakeholders will work together to ensure speedy implementation of the SME development in Bangladesh.
Aftab ul Islam said, “The SME Foundation and also our country is sincerely grateful to ADB for its continuous support and cooperation."
Managing Director of the foundation Prof Dr Momtaz Uddin Ahmed and Financial Management Officer of ADB MM Zillur Rahman were also present.

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