Small Businesses Seek Better Visibility

The Steering Committee which doubles as the Board of Directors of the Sub-contracting and Partnership Exchange met in the economic capital on Tuesday July 30.

Made up of 14 members being seven representing the administration and seven from the private sector, the pioneer session was chaired by the Secretary General in the Ministry of Small and Medium-size Enterprises, Social Economy and Handicraft (MINPMEESA), Marie Louise Secke Mpouka with focus on the recent modifications concerning the sector. It would be recalled that following a decree by the Prime Minister, Head of Government, the General Assembly Meeting of the Sub-contracting and Partnership Exchange (SPX-CAM) was convened in Yaounde on May 8.

Under the stewardship of the MINPMEESA, Pr Laurent Serge Etoundi Ngoa, the main objective was to adopt measures to enhance the visibility of SPX by rendering it fully operational. Thus, the maiden structure was attributed the status of Economic Interest Group (EIG), with added advantages ranging from diversified funding and access to subsidies, etc.

Deliberations during the Douala session centred on the reading of the minutes of the Constituent General Assembly Meeting, the amendment of the internal rules and regulations, the examination of Priority Projects and their budget. The overall objective is the development and promotion of SMEs dealing in industrial sub-contracting, their networking and capacity-building in response to the Stock Exchange and Sub-contracting partnership atmosphere in the country.