ISLAMABAD: The 6th meeting of Executive Committee for Special Investment Facilitation Council (SIFC) began on 23 October 2023 and continued for two days, said a press release issued on Tuesday.

The committee was convened to review the progress of various policy level initiatives and projects in the key sectors.

The meeting was chaired by Minister for Planning, Development and Special Initiatives and 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.

The measures to catalyse 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.

At the end, the committee undertook exhaustive discussion for developing consensus on various aspects and recommended certain policy measures to further improve investment ecosystem in key sectors of agriculture/livestock, IT and telecom, mines and minerals, and energy.

Copyright Business Recorder, 2023