Federal government has approved 28 major projects worth billions of dollars under the Special Investment Facilitation Council (SIFC) to pave the way for economic stability.
As part of its investment strategy, the government has decided to invite 23 countries, including Saudi Arabia, the UAE, Qatar, and Bahrain, to participate in these projects.
Key projects such as Saudi Aramco Refinery, Diamer-Bhasha Dam, and Reko Diq mining are being specially considered for investment from Gulf nations. Additionally, corporate farming, technology zones, cloud infrastructure, semiconductor designing, and smart device manufacturing are also being offered under SIFC for foreign investment.
To ensure swift implementation, the government will issue priority visas to investors and professionals from these countries.
The projects fall under SIFC's priority sectors, including food, agriculture, IT, minerals, petroleum, and energy.
Consultations are also underway to introduce the "Pakistan Sovereign Wealth Fund" to provide equity financing for SIFC-approved projects.
With SIFC's facilitation and effective policymaking, these projects are expected to play a crucial role in economic recovery and attracting foreign investment in Pakistan.
