UNISAME congratulates Mandviwala on promotion

KARACHI: The Union of Small and Medium Enterprises (UNISAME) has welcomed the appointment of Senator Salim Mandviwalla as federal finance minister and felicitated him on his well deserved promotion and appointment.

President UNISAME Zulfikar Thaver said in a statement that Salim Mandviwalla is a well wisher of the SME sector and at the time of finalisation of the investment policy ensured the inclusion of the SMEs and abolished the minimum limit of investment to enable the SMEs to come forward and benefit from the investment policy and set up industries in the Special Economic Zones.

“The SME business community welcomes his appointment, wishes him well and urges him to finalise the investment policy with the provinces and ensure legal cover for its implementation by the caretaker set up later on.”

He said Salim Mandviwalla in a message to UNISAME said it has always been his desire to promote the sector and would do his very best to promote the sector.

The union asked him to release funds for the Small and Medium Enterprises Development Authority during his next three weeks tenure as the finance minister and to ensure sufficient finance for the ongoing projects and regular budget of the authority.