ISLAMABAD:
The Special Investment Facilitation Council (SIFC) convened the 12th meeting of its Executive Committee to review progress on various aspects and projects in key sectors of the SIFC.
The committee also gave directions to expedite various pending cross-sectoral matters through policy level initiatives and stakeholder consultation using SIFC’s forum.
The Ministries presented progress on various projects and policy-level initiatives managed through SIFC’s forum and provided comprehensive plans for fast-tracking various matters.
The committee discussed and developed consensus on important policy aspects relating to key sectors including industry, agriculture and livestock, mines and minerals, oil and gas, ports and shipping, aviation and connectivity and infrastructure.
The committee reviewed the progress and gave directions for speedy implementation of a revamped approach to the Special Economic Zones (SEZ) framework recently approved by the 11th Apex Committee meeting chaired by the Prime Minister.
The committee highlighted that close coordination and cooperation among concerned stakeholders is imperative to promote industrialization in the country and efforts to rejuvenate the SEZ paradigm will act as catalyst in this endeavour.
The committee appreciated the ongoing efforts to grant industrial status to the warehousing and logistics sector and gave directions to speed up the approval processes.
