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

Published August 18, 2023
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 Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Elections in India
Updated 21 Apr, 2024

Elections in India

Independent accounts and spot reports are at variance with Modi-friendly TV anchors and they do not see an easy victory for the Indian premier.
IHC letter
21 Apr, 2024

IHC letter

THIS is a historic opportunity for the judiciary to define its institutional boundaries. It must not be squandered....
Olympic preparations
21 Apr, 2024

Olympic preparations

THIS past week marked the beginning of the 100-day countdown to the Paris Olympics, with the symbolic torch-lighting...
Isfahan strikes
Updated 20 Apr, 2024

Isfahan strikes

True de-escalation means Israel must start behaving like a normal state, not a rogue nation that threatens the entire region.
President’s speech
20 Apr, 2024

President’s speech

PRESIDENT Asif Ali Zardari seems to have managed to hit all the right notes in his address to the joint sitting of...
Karachi terror
20 Apr, 2024

Karachi terror

IS urban terrorism returning to Karachi? Yesterday’s deplorable suicide bombing attack on a van carrying five...