SIFC resolves to attract foreign investment by removing obstacles
MNP – The Special Investment Facilitation Council (SIFC) reiterated on Thursday its resolve to attract foreign investment by removing the obstacles.
According to details, Prime Minister Shehbaz Sharif presided over a meeting of the apex committee of the SIFC in Islamabad. The military leadership, chief ministers, and the Azad Jammu and Kashmir prime minister attended the session.
The meeting reviewed strategies regarding the council’s objectives and future plans. Ministries briefed the forum on the performance of special economic zones and the national mineral harmonisation policy.
Meanwhile, the participants decided to accelerate investment in agriculture, information technology, mining, and tourism sectors.
The committee reaffirmed its commitment to boost economic activities across the country. It emphasised the establishment of a network of special economic zones. Officials utilised technology to identify suitable locations for these zones.
The forum stressed the need to simplify laws governing economic zones. Sources revealed that the committee also reviewed matters related to mining and recommended amendments to federal and provincial laws.
