ISLAMABAD:
The Special Investment Facilitation Council (SIFC) has convened the 12th meeting of its executive committee to review the progress made on various aspects and projects in key sectors of the ITFC.
The Committee also gave instructions to expedite various outstanding cross-sectoral issues through policy level initiatives and stakeholder consultation, using the ITFC forum.
The ministries presented progress on various projects and policy initiatives, driven through the ITFC forum, and presented comprehensive plans to expedite the handling of various issues.
The Committee discussed and developed consensus on key policy aspects regarding key sectors, including industry, agriculture and livestock, mining and minerals, oil and gas, ports and maritime sector, l aviation and connectivity and infrastructure.
The Committee reviewed the progress and provided guidance for the expeditious implementation of a renewed approach regarding the Special Economic Zones (SEZ) framework, which was recently approved by the 11th meeting of the Supreme Committee, chaired by the Prime minister.
The Committee emphasized that close coordination and cooperation among relevant stakeholders is imperative to drive industrialization in the country and efforts to rejuvenate the SEZ paradigm will act as a catalyst in this endeavour.
The Committee appreciated the ongoing efforts to grant industry status to the warehousing and logistics sector and gave instructions to expedite the approval processes.
