ISLAMABAD: Prime Minister Shehbaz Sharif-led coalition government has approved 28 billion-dollar strategic projects under the Special Investment Facilitation Council (SIFC). These projects aim to drive economic stability and attract foreign investment.
As per details, Pakistan plans to invite 23 countries, including Saudi Arabia, UAE, Qatar, and Bahrain, to invest in these projects. Key projects under consideration include the Saudi Aramco Refinery, Diamer Bhasha Dam, and Reko Diq mining. The government is especially targeting investment from Gulf nations.
Moreover, Pakistan will present projects for investment in corporate farming, technology zones, cloud infrastructure, semiconductor design, and smart device manufacturing.
To fast-track implementation, preferential visas will be issued to investors from these countries. These projects align with SIFC’s priority sectors: food, agriculture, IT, minerals, petroleum, and energy.
The government is also consulting on the launch of a “Pakistan Sovereign Wealth Fund” to provide equity capital for approved projects.
With effective policymaking and SIFC’s support, these initiatives will drive economic recovery and strengthen investor confidence in Pakistan.
