October 20, 2006	Friday	Ramazan 26, 1427

ISLAMABAD, Oct 19: The Business Support Fund -- an international organisation working with the assistance of the Asian Development Bank and the ministry of finance and Engineering Development Board -- will cooperate in their efforts to improve business plans of industry in Pakistan.

This was decided in a meeting between David Hoakman, senior official of the Business Support Fund, and Imtiaz Rastgar, chief executive officer of the EDB, here on Thursday, says a statement issued here by the EDB.

Mr Hoakman said the BSF was looking for partners to reach the SMEs sector, especially those companies interested in improving their working, and the EDB was the suitable organisation for this purpose. He said that technology was a less important area for them as brands packing and target markets played an important role in the progress of companies.

Earlier, Imtiaz Rastgar briefed him about the steps taken by the EDB to improve the business plans of various units of industry. He said that the industry had been given technological shocks by exposing them to international fairs and exhibitions. — Our reporter