ADFIAP speaks at UNDP-Japan regional forum on SMES

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On invitation of the United Nations Development Programme (UNDP) Country Office for Malaysia, Singapore, and Brunei Darussalam, ADFIAP represented by its Secretary General, Mr. Octavio B. Peralta, spoke on “Development Banks and SME Financing: The ADFIAP Experience” before 40 delegates from 18 countries, highlighting the Association’s work and advocacy on SME development and growth as well as its member-DFIs’ financing programs for the important economic sector.

The regional forum and workshop on SME policies and institutional reforms was held on November 23-24, 2011 in Kuala Lumpur and was jointly organized and supported by the Government of Japan under the South- South and Triangular Cooperation for SME Development in Asia project, the UN’s Special Unit for South-South Cooperation located in UNDP, TechnoNet Asia, SS-GATE, and SIRIM Berhad.

The event was aimed at building on and facilitating exchange of knowledge about SME development among senior-level policy makers and stakeholders responsible for SME development from governments and the private sector. The dialogue also presented a strategic opportunity and a common platform for the participants to discuss challenges for SME development as well as the best means to support SME development, especially in light of increasing regional integration.

The workshop was divided into three main sessions, namely, regional Integration and coordination and impact on SMEs; implementing institutional support for SMEs and innovation in financial mechanisms; and new tools to increase and improve SME access to capital. The program also included visits to Intrade Malaysia 2011, an annual trade expo that connects trade exhibitors, buyers and visitors to global markets; and to SIRIM Berhad, Malaysia’s technology research, development and quality standard-setting group. The event was also an occasion to learn more about SS GATE (South-South Global Assets and Technology Exchange), a global platform that provides business facilitation to exchange technology, assets, services and financial resources for SMEs and TechnoNet Asia, a regional network sharing technology for SMEs.

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