Federal government has decided to merge the Board of Investment (BoI) into the Special Investment Facilitation Council to make the investment system more effective.
This development is part of efforts to further enhance investment cooperation under the second phase of the China-Pakistan Economic Corridor.
Under the new structure, Special Investment Facilitation Council will play a vital role in promoting foreign investment and implementing investment policy.
Furthermore, SIFC has also been tasked with preparing a comprehensive roadmap for Special Economic Zones, regulatory reforms, and investment facilitation.