PM Shahbaz Sharif hails SIFC’s role in promoting foreign investment

Government of PakistanPM Shahbaz Sharif hails SIFC's role in promoting foreign investment

ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has said that the Special Investment Facilitation Council (SIFC) is playing a vital role in bringing Foreign Direct Investment (FDI) into the Country.

While addressing the SIFC meeting in Islamabad on Saturday, the prime minister said that we are determined to achieve all targets.


The prime minister said that the federal government is working hard to transform Pakistan into a stable economic Country through the SIFC. He said that all provincial governments, political and military leadership are onboard and they are all supporting federal government and the SIFC for economic growth and prosperity.

Shahbaz Sharif said that the recent investment announcements made by the Saudi and United Arab Emirates (UAE) leadership will help increase trade and investment in Pakistan.

In addition, he said that Pakistan is blessed with immense potential of mines, minerals and other natural resources and there is a need to exploit these deposits for development of the Country and prosperity of the people.

The prime minister noted the increasing progress made by the SIFC over time and said that its stellar performance has effectively silenced its critics.

Shahbaz Sharif highlighted his recent visits to Saudi Arabia and the UAE which have yielded positive outcomes in terms of attracting foreign investment to Pakistan.

The prime minister also highlighted the positive reception from German investors towards the SIFC.

The prime minister said that the government has signed an agreement for complete digitalization of Federal Board of Revenue (FBR).

Shahbaz Sharif stressed the imperative for diligent efforts to double agricultural production and reiterated his government’s commitment to providing ample opportunities for youth advancement in information technology.

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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