SMALL INDUSTRIES III

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The Third Small Industries Project supports the Government of Pakistan's strategy for small scale industry (SSI) development, focusing on efficient delivery of financial resources and technology and export marketing services. It provides loans to SSI subprojects in growth subsectors; expands the capabilities of the participating credit institutions (PCIs) in SSI financing; and helps develop an efficient export marketing infrastructure through the promotion of export houses. It will further improve the technical performance of industrial enterprises by providing technical services; and improve the accuracy and reliability of SSI statistics for future policy and strategy formulation. Under the project, about 1,300 SSI units will be financed resulting in investments of about US$160 million and 28,000 new full-time jobs.