SIFC recommends measures to improve investment ecosystem

ISLAMABAD: The Executive Committee for Special Investment Facilitation Council (SIFC) here on Tuesday recommended certain policy measures to further improve the investment ecosystem in various key sectors of economy, ARY News reported. 

The two-day 6th meeting of SIFC had begun on October, 23 and was chaired by Caretaker Federal Minister for Planning, Development and Special Initiatives, Muhammad Sami Saeed, according to press statement issued here.

Among others, the meeting attended by National Coordinator for SIFC, Dr Muhammad Jahanzeb Khan, SAPM (Governance Effectiveness), concerned Federal and Provincial Ministers and high-level government officials.

The relevant ministries presented progress on various aspects and made recommendations for further improving business and investment climate.

According to the statement, the Committee was convened to review the progress of various policy level initiatives and projects in the key sectors.

The measures to catalyze new projects as well as removing hiccups in legacy projects, were also deliberated upon to gain investors’ confidence.

The Committee appreciated the collaborative work of ministries and departments for achieving various milestones under the umbrella of SIFC and stressed the need to expedite various initiatives.