Sharjah’s strategy to aid SME’s

THE SHARJAH CHAMBER of Commerce and Industry (SCCI) has launched a Development Strategy for Small and Medium Enterprises (SME) in Sharjah, The move aims to enhance the role of private sector establishments in national economic growth and sustainable development. The announcement was made during a press conferenceat the Chamber’s building in the presence of SCCI Director General Hussein Mohammed Al Mahmoudi.

The initiative will provide a platform for SMEs to actively participate in national investment and development objectives; the development of an excellent administrative and legal environment; and the strengthening of partnerships and communications between establishments. It also advocates the upgrading of collective and individual marketing mechanisms; reducing unemployment; the adoption of technology; the optimal use of skills and capabilities; and the promotion of excellence and creativity.

The unique strategy is part of SCCI efforts to strengthen private sector enterprises, particularly through the creation of a regulatory framework that includes vital principles which support SMEs, highlight key business concepts, and focus on the social, economic and environmental importance of companies. The Chamber will pursue these via the adoption and development of an SME action plan which exchanges best practices, takes advantage of international experiences, and raises the productivity and market visibility of enterprises.

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