Pakistan kicks off three-day roadshow in UAE to boost investment

Pakistan kicked off a three-day investment roadshow in the United Arab Emirates amid efforts to bring foreign investment to the country to revitalize the cash-strapped economy.

The investment roadshow, launched on November 5, is being organized by the Special Investment Facilitation Council (SIFC) in collaboration with the United States Agency for International Development (USAID).

The event aims to unveil Pakistan’s abundant resources and promising investment avenues, to draw investors from various sectors including minerals, information technology, agriculture, and energy.

“The roadshow, which will be attended by investors from the UAE and other countries, will also highlight the SIFC’s efforts to improve investment climate in Pakistan,” according to a state media report.

The SIFC investment roadshow is scheduled to run until November 7, when the Director-General of SIFC will brief potential investors about investment prospects in Pakistan.

SIFC was established in June by the previous coalition government with a core mission of acting as a ‘one window’ for fostering multi-domain cooperation in relevant sectors. SIFC, which also includes its army chief’, has a mission of fostering a favorable environment for foreign investment within Pakistan with a primary focus on Gulf countries.

The organization aims to facilitate investment and cultivate a conducive policy environment in the country. The ultimate goal of SIFC is to streamline the business process, eradicate systemic and bureaucratic hindrances, and optimize synergies across the horizontal-vertical spectrum.

In addition, SIFC seeks to bolster coordination between federal and provincial levels, catalyze swift decision-making, and expedite investment and project execution. All of these endeavors are geared towards advancing Pakistan’s economic prospects, making it an attractive investment destination, and ultimately fostering economic growth in the region.

The roadshow stands as a testament to Pakistan’s commitment to engaging with the global investment community and inviting the world to explore the wealth of opportunities that the country has to offer.

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