SIFC cleared all obstacles in way of foreign investment, says PM

Prime Minister Shehbaz Sharif has said that the government was prioritizing measures to boost foreign investment, as the obstacles had already been cleared through the Special Investment Facilitation Council (SIFC), reported 24NewsHD TV channel.

In a meeting with a delegation led by Founder of Qatar’s Taameer Group Mohammad Hussain Al-Ali, which called on him in Islamabad on Friday, PM Shehbaz Sharif said that Qatar was a long-standing friend of Pakistan that had supported Pakistan in every difficult time.

Highlighting the Pakistan’s vast investment potential in tourism, hoteling, hospitality, real estate and construction sectors,” he directed the relevant authorities to provide facilitation and assistance to the Taameer Group regarding investment in Pakistan.

The Taameer Group founder briefed the prime minister on the group’s investment and ongoing projects in Pakistan.

He said that the Group was interested in investing in the hospitality, hotels, real estate and construction sectors in Pakistan, as work on several projects in this regard had already commenced.

Expressing deep interest in increasing the group’s investment in Pakistan, Mohammad Hussain Al-Ali appreciated the measures taken under the leadership of Prime Minister Shehbaz for national development and the promotion of business and foreign investment.

He stated that under the prime minister’s leadership, the Government of Pakistan was taking positive steps to facilitate investors under the SIFC.

The meeting was attended by Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, federal ministers Ahad Khan Cheema and Attaullah Tarar, Minister of State Bilal Azhar Kayani, and relevant senior officials.

Reporter Awais Kiyani