ISLAMABAD:
The Special Investment Facilitation Council (SIFC) convened the 12th meeting of its Executive Committee to review progress on various aspects and projects in key sectors of the SIFC.
The Committee also directed to expedite several outstanding cross-cutting issues through policy-level initiatives and stakeholder consultations, using the SIFC forum.
The ministries presented the progress of various policy-level projects and initiatives, which were led through the SIFC forum, and gave comprehensive plans to accelerate the follow-up of various issues.
The Committee discussed and developed consensus on major policy issues related to key sectors, including industry, agriculture and livestock, mines and minerals, oil and gas, ports and maritime sector, aviation and connectivity and infrastructure.
The Committee reviewed the progress and gave directions for rapid implementation of the renewed approach towards the Special Economic Zones (SEZ) Framework, which was recently approved by the 11th Apex Committee Meeting, chaired by the Prime Minister.
The Committee highlighted that close coordination and cooperation among stakeholders is imperative to foster 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 directed to expedite the approval processes.
