SIFC establishes seven desks to attract foreign investment

ISLAMABAD: In a bid to attract significant foreign investment, the government has established seven dedicated desks under the Special Investment Facilitation Council (SIFC).

These desks aim to streamline investment processes for potential investors from Saudi Arabia, the UAE, Qatar, China, the European Union, the US, and the Far East. Minister for Information and Broadcasting Attaullah Tarar made this announcement during a news conference held in Islamabad today.

Tarar highlighted the positive feedback from investors regarding the SIFC’s one-window facility, which simplifies and expedites the investment process.

He highlighted recent commitments, including the UAE’s announcement to invest $10 billion in Pakistan and ongoing efforts to secure an additional $5 billion investment from Saudi Arabia. The Minister expressed confidence that these investments would soon be realised.

Additionally, Tarar revealed that Prime Minister Shehbaz Sharif is scheduled to visit China shortly to boost the China-Pakistan Economic Corridor (CPEC) project. This visit is expected to further enhance economic cooperation between the two countries.

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