Sindh Enterprise Development Fund (SEDF) and Pak Brunei Investment Company Limited (PBICL) have signed a strategic Memorandum of Understanding (MOU) to collaborate on providing subsidized credit to Small & Medium Enterprises (SMEs) in Sindh.

The signing ceremony took place on July 18, 2023, at the office of Pak Brunei Investment Company Limited. Present at the event were Syed Qassim Naveed Qamar - Chairman Sindh Enterprise Development Fund & Special Assistant to CM Sindh for Investment Department and Public- Private Partnership Projects, Mr. Khizar Pervaiz, CEO from Sindh Enterprise Development Fund and the Senior Management of Pak Brunei Investment Company Limited, including MD & CEO, Mr. S.M Aamir Shamim, and the Group Head SME, Ms. Arjumand Qazi.

Under this collaboration, Pak Brunei Investment Company Limited, a pioneer in financing SMEs in underserved areas of Sindh & Sindh Enterprise Development Fund will work together to ensure access to finance in the underserved areas of the province. This initiative also strives to promote financial inclusion, modernize the rural economy of Sindh, and extend support to women entrepreneurs and special persons.

Syed Qassim Naveed Qamar appreciated Pak Brunei Investment Company Limited's efforts in rural areas and its dedication to promoting various SBP schemes in underserved regions. He expressed confidence that the collaboration with Sindh Enterprise Development Fund would further enhance Pak Brunei Investment Company Limited's role in serving the sector in a more efficient and innovative manner.

About Sindh Enterprise Development Fund:

Sindh Enterprise Development Fund (SEDF) is a leading institution dedicated to promoting and supporting the growth of businesses and industries in Sindh. About Pak Brunei Investment Company Limited: Pak Brunei Investment Company Limited (PBICL) is a full-service development finance institution with a dedicated commitment to empowering SMEs and facilitating financial inclusion in underserved segments and areas.