ISLAMABAD: Pakistan’s Minister for Information and Broadcasting Attaullah Tarar said on Monday that seven desks have been established under the Special Investment Facilitation Council (SIFC) to attract investment from Saudi Arabia, UAE, Qatar, the European Union, China, the US and the Far East.
Addressing a media conference in Islamabad, he said that the investors of friendly nations are expressing their satisfaction over the one-window facility being provided by the SIFC.
He said the UAE has announced a $10 billion investment in Pakistan while there is also progress in bringing a $5 billion investment from Saudi Arabia. The minister was confident that these investments would materialize.
He said that Prime Minister Shehbaz Sharif will also visit China in a few days’ time to give impetus to China Pakistan Economic Corridor (CPEC) project.
Attaullah Tarar Highlights Economic Situation of Pakistan
The minister said that Pakistan’s economy is taking off. The Current Account Deficit and inflation have declined while IT exports are witnessing an increase. The world financial institutions are also acknowledging the economic revival in the country.
