Military leadership made 'extraordinary efforts' for SIFC success, foreign investment: PM Vows to rid country of all financial issues and crises
ISLAMABAD, (NNI): Prime Minister Shehbaz Sharif has underscored the pivotal role of the Special Investment Facilitation Council (SIFC) in fostering foreign investment, during his address to the SIFC's Apex Committee meeting in Islamabad on Thursday.
Highlighting the SIFC as a cornerstone of Pakistan's comprehensive strategy for economic recovery, Prime Minister Shehbaz Sharif emphasized the imperative of addressing the nation's current economic challenges and crises.
"The SIFC has a key role in removing obstacles in the way of foreign investment. It is a manifestation of the country's comprehensive strategy of 'economic recovery'. Pakistan has to get rid of the current economic problems and crises," he stressed at the conclusion of the Apex Committee meeting.
Expressing his determination to pave the way for increased foreign investment in Pakistan, Prime Minister Shehbaz Sharif outlined the council's aim to promote the concepts of 'one government' and 'collective government' to facilitate investment projects and accelerate their implementation across the country.
“The implementation of investment projects in the country stressed.
He called the platform “very important” for economic development and foreign investment. Under the project, the PM said, the country's real potential in sectors like agriculture, livestock, minerals, mining, information technology, energy and agricultural production would be utilized.
Steps are being taken under the initiative to increase Pakistan's local productivity and investment from friendly countries through these sectors, he added.
Lauding the "extraordinary efforts" of the military leadership in ensuring the success of the platform and attracting foreign investors through streamlined processes, Prime Minister Sharif acknowledged the provision of a 'single window' facility to investors from foreign countries.
Furthermore, Prime Minister Shehbaz Sharif highlighted the importance of fostering cooperation between the federal and provincial governments under this initiative. He highlighted that the Apex Committee worked effectively and efficiently during the caretaker government also. will be accelerated,” Shehbaz