Tuesday, 28 November 2023, 01:47:19 pm
Expert sees Special Investment Facilitation Council as a catalyst to attract foreign investment
September 30, 2023

Dr. Zahid Anwar Khan (IR Expert): As Pakistan confronted economic challenges, there arose a pressing need to accelerate the process of economic revitalization. To address this imperative, the government established the Special Investment Facilitation Council (SIFC). The interim government is steadfast in its commitment to continue this initiative, with the primary objective of attracting foreign investors to Pakistan's crucial sectors such as agriculture, information technology, mining, and others. Recognizing the significance of both domestic and foreign investors, SIFC is dedicated to offering a streamlined, one-stop facility that eliminates all obstacles in the path of potential investors. Investments in these pivotal sectors hold the promise of generating employment opportunities and mitigating poverty. The China Pakistan Economic Corridor (CPEC) has played a pivotal role in supporting Pakistan by initiating projects in energy, infrastructure, and other vital domains. The enhanced connectivity facilitated by CPEC will further bolster trade and business activities with neighboring countries, thus contributing to Pakistan's economic growth.