In a significant move to strengthen the national economy, the Pakistani government has approved 28 major projects worth billions of dollars under the Special Investment Facilitation Council (SIFC). These projects are set to attract substantial foreign investment, paving the way for economic stability and growth.
To ensure maximum participation, the government has decided to extend investment invitations to 23 countries, including Saudi Arabia, the United Arab Emirates, Qatar, and Bahrain. Special focus is being placed on attracting Gulf nations to invest in key sectors.
Major Projects Open for Investment
The government is actively considering offering several strategic projects for foreign investment, including:
- Saudi Aramco Refinery – A high-profile initiative to boost Pakistan’s refining capacity.
- Diamer Bhasha Dam – A crucial hydroelectric power project.
- Reko Diq Mining Project – One of the world’s largest gold and copper reserves.
Additionally, investment opportunities are being extended in emerging industries such as:
- Corporate Farming
- Technology Zones
- Cloud Infrastructure
- Semiconductor Designing
- Smart Device Manufacturing
Facilitating Foreign Investors
To expedite project execution, the government plans to introduce priority visa schemes for investors and skilled professionals from participating countries. This measure aims to streamline the entry of foreign talent and accelerate project implementation.
Sector-Wide Economic Impact
The approved projects align with SIFC’s priority sectors, including food security, agriculture, information technology, minerals, petroleum, and energy. To further support these initiatives, the government is in consultation to introduce the Pakistan Sovereign Wealth Fund, which will provide equity financing for approved projects.
Backed by effective policymaking and strategic facilitation through SIFC, these initiatives are expected to play a pivotal role in Pakistan’s economic recovery and long-term investment growth.
