Khawaja Bilal Ahmad, former chairman of Export Promotion Bureau (EPB) and Small and Medium Enterprise Development Authority (Smeda), has called upon the government to focus its attention on three fundamental sectors ie education, population control and SME sector, for achieving the goal of higher economic growth.
He was speaking at the concluding ceremony of a three-month long professional diploma programme on 'Export Marketing' arranged by the Smeda and Institute of Sales and Marketing here on Saturday.
Bilal maintained that the government has to invest in human resource development by ensuring quality education and then offering financial rewards to these highly skilled professionals, to retain them in public sector and achieve the goal of economic development.
He cited the example of Malaysia, which, he claimed, was spending 6.1 percent of its GDP in early 90s on education. He added that Pakistan also needed to establish institute of excellence.
Talking about SMEs, Bilal said that this sector was still a highly untapped area.
He added that this was the area, which contribute 73 percent in industrial sector in Japan, 72 percent in European Zone and in Pakistan itself it is 81 percent of the total industrial sector.
Smeda's General Manager International Co-ordination, Anjum Ahmad and Andleeb Abbas of Institute of Sales and Marketing also spoke.
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