PM terms Special Investment Facili­tation Council ‘ray of hope’ for progress

Published
0
Caretaker Prime Minister Anwaarul Haq Kakar gets briefed by officials from the Special Investment Facili­tation Council on steps being taken to bolster foreign investment in the country. — Photo courtesy PID
Caretaker Prime Minister Anwaarul Haq Kakar gets briefed by officials from the Special Investment Facili­tation Council on steps being taken to bolster foreign investment in the country. — Photo courtesy PID

ISLAMABAD: Terming the Special Investment Facili­tation Council (SIFC) a ray of hope for Pakistan’s economic development, caretaker Prime Minister Anwaarul Haq Kakar on Thursday said the government would ensure full use of the forum to carry forward the development agenda.

Addressing a meeting in connection with the working of SIFC, PM Kakar said the government would focus on the development of different sectors under the council’s umbrella.

He directed the authorities concerned to harmonise the regulatory structure with contemporary international requirements to improve the energy sector.

He said Pakistan had vast potential for foreign investment in the fields of agriculture, mining and minerals, information technology, energy and defence production.

SIFC Secretary Jah­anzeb Khan and Imple­mentation Secretary Jam­eel Ahmed Qureshi briefed the prime minister about the steps taken to bolster foreign direct investment.

The meeting was informed that under the forum, the government would provide one window facility to investors for different projects.

Meanwhile, PM Kakar said his government would make its utmost efforts to come up to the expectations of public representatives within the given short stint.

The prime minister said this during a meeting with Senate Chairman Sadiq Sanjrani.

The Senate chairman expressed the hope that the caretaker government would assist in holding fair elections as per public expectations.

Published in Dawn, August 18th, 2023

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...
Terror and politics
Updated 29 Sep, 2026

Terror and politics

There is an urgent need to tone down the rhetoric and tackle terrorism as a collective challenge for both the affected provinces and the federation.
Watching the glaciers
29 Sep, 2026

Watching the glaciers

THE latest signs from Pakistan’s mountains are worrying. Suparco says the number of unfrozen glacial lakes it...
Dangerous agenda
29 Sep, 2026

Dangerous agenda

AS the world remains fixated on the US-Iran conflict, elsewhere in the Middle East, Israel is consolidating its grip...