Government Initiatives Boost Foreign Investment Under SIFC

Islamabad: The government has taken significant steps to promote foreign investment in the country with the support of the Special Investment Facilitation Council (SIFC).

According to Radio Pakistan, in the first half of the current fiscal year, foreign investment increased by twenty percent, reaching 1.329 billion dollars. Notable investments have been made by Hong Kong, the UK, and Switzerland, with China contributing a significant forty percent of the total investment.

Additionally, Pakistan has distinguished itself as the first country to implement the Digital Foreign Direct Investment plan under the World Economic Forum. This initiative aims to promote cross-border digital investment in Pakistan, facilitated by the SIFC.

Check Also

Interior Minister Directs Hassle-Free Services at NADRA Centres

Lahore: Interior Minister Mohsin Naqvi visited the National Database and Registration Authority Express Service Centre in Lahore today and reviewed the facilities being provided to the public. Speaking on the occasion, he said the government is making...