PSX, GBCCI sign MoU to promote SME Board

The Pakistan Stock Exchange signed a memorandum of understanding (MoU) with the Gilgit-Baltistan Chamber of Commerce and Industry (GBCCI) recently for mutual cooperation and collaboration to facilitate access to equity financing for Small and Medium Enterprises (SMEs).  Imran Ali, president of GBCCI, and Asghar Abbas Naqvi, PSX regional in-charge of Islamabad, signed the MoU.

An awareness session was also held to promote the SME Board. Gilgit-Baltistan Governor Mir Ghazanfar Ali Khan was the chief guest on the occasion.

The awareness session was well-attended by women entrepreneurs, distinguished businessmen based in Gilgit-Baltistan, members of the GBCCI Executive Committee and representatives of Zahid Latif Khan Securities, it said.

GBCCI agreed to draft feasibility studies of viable businesses in Gilgit-Baltistan, which have good future prospects, in consultation with the business owners. The feasibility studies would later be shared with the investors across Pakistan who are interested in investing in local businesses.

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