SIFC promotes IT investment, investor confidence

June 12, 2024 (MLN): Special Investment Facilitation Council (SIFC) is assisting investment-related initiatives in the IT sector to create a conducive business environment and promote confidence among investors, says the Information Ministry.

In this regard, over ten thousand E-Rozgaar centers will be established under the Special Investment Facilitation Council to provide workspace for freelancers.

Similarly, SIFC laid the foundation of important economic agreements with the IT companies based in the United States of America and also made strategic pacts with Saudi Arabia, UAE and Kuwait.

In order to strengthen the digital economy, PayPak Service has been launched for freelancers to easily receive foreign payments through this platform.

Additionally, a national policy for high-speed Internet Fiber is being implemented to ensure widespread access to high-speed Internet connection.

Communities will be empowered with better connectivity for education, employment and communication through high-speed Internet Fiber.

Pakistan StartUp Fund introduced by SIFC will also provide resources and opportunities to transform new ideas into successful projects that support and nurture the StartUp EcoSystem.

The Special Investment Facilitation Council has embarked on a transformational journey to develop a Semiconductor Industry.

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