On Monday, the third apex committee meeting of the Special Investment Facilitation Council (SIFC) approved a number of projects that were presented by different ministries for the purpose of attracting investment from friendly countries. The focus basically was on key sectors like livestock, agriculture, minerals, information technology, mining, and energy.
Prime Minister Shehbaz Sharif presided over the meeting and it was attended by Chief of Army Staff (COAS) General Syed Asim Munir, federal and provincial ministers, chief ministers, and top officials. The PM was found appreciating the expeditious operationalization of SIFC n such a short span and how efficiently and effectively they managed for a collaborative approach.
The ongoing outreach strategy has a great global impact via seminars and project inauguration that will be augmented on the SIFC’s website.
The apex committee has shown its full support for the successful completion of an upcoming visit of a high-level delegation coming from the Kingdom of Saudi Arabia to Pakistan via the SIFC platform. The PM has advised to make the inaugural visit a momentous event.
Investment coming from China
The PM has assured the Chinese investors that simple procedures would be implemented for their companies operating in Pakistan, especially the ones under the umbrella of CPEC. He further assured them that the difficult times are now over.
PM Shehbaz has mentioned the contributions coming from the Chinese government in the world of industrial advancements in Pakistan at an award ceremony. He explained how they have created job opportunities increased industrial production and strengthened the bilateral economic ties between the two countries.
