Islamabad, 12 September 2023 (TDI): The Ministry of Foreign Affairs of Pakistan held a significant virtual briefing session regarding the Special Investment Facilitation Council (SIFC) on September 11.
The session was convened by the Foreign Secretary, Muhammad Syrus Sajjad Qazi to inform and engage Heads of Missions from various countries abroad about SIFC.
Jehanzeb Khan, Special Assistant to the Prime Minister on Government Effectiveness, led the session. He delivered a comprehensive presentation detailing the establishment, legal framework, and various facets of the SIFC.
During the briefing, he emphasized the vital role that Missions abroad play in guaranteeing the success of the SIFC initiative.
He elaborated on the Council’s expectations from their active involvement, stressing the importance of their contributions.
Furthermore, Khan highlighted significant investment opportunities within Pakistan, with a particular focus on four key sectors: Information Technology, Agriculture, Energy, and Mining.
He encouraged the participating Heads of Missions to proactively advocate for these investment prospects within their respective host countries, underscoring Pakistan’s position as a resource-rich nation ripe for foreign investment.
The interactive session featured a full question-and-answer segment, during which participating Missions offered valuable, region-specific feedback and suggestions.
Their contributions played a pivotal role in advancing the development and progress of the nascent SIFC initiative.
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The Government of Pakistan has established the Special Investment Facilitation Council (SIFC) as a ‘One-Window’ platform, with the primary goal of streamlining decision-making processes and fostering Foreign Direct Investment (FDI) in the country.
This briefing session, attended by senior officials of the Ministry of Foreign Affairs, marks the commencement of a productive and result-oriented collaboration between the SIFC and Missions abroad.
Moreover, the press release issued at the conclusion of the session, stated that these engagements will be conducted regularly, nurturing closer ties between Pakistan & its international partners & actively promoting investment opportunities within the country.
