Saudi Arabia, UAE to make investments through SIFC: PM

Participants of SIFC meeting express satisfaction over implementation of decisions made in last meeting.  

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said Special Investment Facilitation Council was playing a key role in attracting foreign direct investment.

He said the recent investment announcements made by Saudi Arabia and UAE was unprecedented and would make a big turnaround in the development sector.

Addressing a meeting of the apex committee of Special Investment Facilitation Council in Islamabad, the prime minister highlighted his recent visits to Saudi Arabia and the United Arab Emirates and claimed that these yielded positive outcomes in terms of foreign investment to Pakistan. He said German investors had also given positive response to SIFC.

Mr Sharif also said that all future investments from Saudi Arabia and UAE would be made through the SIFC.

The SIFC meeting was attended, among others, by COAS Gen Asim Munir, Chief Minister Punjab Maryam Nawaz, Chief Minister Sindh Murad Ali Shah, Chief Minister Balochistan Sarfraz Bugti and Chief Minister Khyber Pakhtunkhwa Ali Amin Gandapur.

The participants expressed satisfaction over the implementation of decisions made in the last meeting of the apex body.  

Comments are closed.