PM terms Special Investment Facilitation Council ‘ray of hope’ for progress
Terming the Special Investment Facilitation Council (SIFC) a ray of hope for Pakistan’s economic development, caretaker Prime Minister Anwaarul Haq Kakar on Thursday said the government would ensure full use of the forum to carry forward the development agenda. Addressing a meeting in connection with the working of SIFC, PM Kakar said the government would focus on the development of different sectors under the council’s umbrella. He directed the authorities concerned to harmonise the regulatory structure with contemporary international requirements to improve the energy sector. He said Pakistan had vast potential for foreign investment in the fields of agriculture, mining and minerals, information technology, energy and defence production. SIFC Secretary Jahanzeb Khan and Implementation Secretary Jameel Ahmed Qureshi briefed the prime minister about the steps taken to bolster foreign direct investment. The meeting was informed that under the forum, the government would provide one window facility to investors for different projects.