Govt making efforts to promote investment in industrial sector

ISLAMABAD: The government is actively working to foster development and attract investment in the country’s industrial sector, with the assistance of the Special Investment Facilitation Council (SIFC).

The creation of Special Economic Zones (SEZs) is set to usher in a new phase of industrial growth and investment. These Zones have been strategically designed with modern features to appeal to investors and drive the advancement of the industrial sector.CAEDA to make investment of $13b in Pakistan

The main goal of these SEZs is to boost export potential, reduce the trade deficit, enhance economic stability, and provide direct access to a global customer base of three billion, including those in Western countries.

The abundant availability of raw materials and infrastructure within these Special Economic Zones is crucial for the industrial sector’s growth.

These Economic Zones are projected to generate over five hundred thousand job opportunities by 2028 and also offer distinctive prospects for establishing trade agreements aimed at global exports.