SIFC charts bold reforms to lure global investment

June 19, 2025 (MLN): Pakistan’s Special Investment Facilitation Council (SIFC) has advanced a comprehensive agenda aimed at accelerating economic revitalization, as its 14th Executive Committee meeting reviewed progress on critical projects spanning energy, infrastructure, technology, and industry.

Chaired by the Federal Minister for Planning, Development and Special Initiatives, the high-level session brought together key federal and provincial ministers, secretaries, and senior government officials to assess sectoral initiatives facilitated through the SIFC platform.

The council spotlighted several strategic sectors, with the petroleum industry drawing attention for its focus on brownfield refinery upgrades.

Transport infrastructure was also high on the agenda, with emphasis on expanding the national motorway network and rehabilitating key railway corridors.

Other targeted sectors include livestock, tourism, the auto industry, and IT, where authorities plan to activate Special Technology Zones to unlock foreign investment and tech exports.

The committee also underscored cross-sectoral policy hurdles, directing swift stakeholder consultations to expedite reforms.

Backed by public-private partnerships, the SIFC strategy seeks to position Pakistan as an attractive destination for sustainable, high-impact investments amid persistent economic headwinds.

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