AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Islamabad: The government has initiated several measures over the past three years, assisted by the Special Investment Facilitation Council (SIFC), to eliminate challenges faced by the industrial sector.
According to Radio Pakistan, the National Industrial Revival Commission has created pathways to revive non-operational industrial units. Reforms such as tariff adjustments and improved access to raw materials and industrial machinery have been implemented to enhance ease of doing business and stimulate industrial growth.
In the Gwadar North Free Zone, the first potassium sulfate fertilizer unit is now operational, with export approvals secured. With the SIFC’s support, the long-stalled Saudi investment-based National Steel Complex has been revitalized. The SIFC has also played a crucial role in resolving regulatory bottlenecks, leading to the approval of seven new cement plants.