Type | Governmental |
---|---|
Purpose | To attract foreign investment and boost the country's economy |
Location | |
Membership | All Provincial Chief Ministers and the Army Chief |
Chair | Shehbaz Sharif |
Website | www |
The Special Investment Facilitation Council (SIFC) is a Federal government body and Investment Promotion Agency constituted under the Prime Minister of Pakistan, (Incumbent, Shehbaz Sharif). The SIFC was established on 20 June 2023 with the stated goal of acting as a "'single window' to facilitate investors, establish cooperation among all Government departments, and fast-track project development."[1] The council consists of all Provincial Chief Ministers, Chief Secretaries, and the Army Chief. The SIFC has been assigned the task of increasing Foreign Direct Investment (FDI) in Pakistan to targeted level of $5 billion.[2][3] The SIFC is also notable for the involvement of the Army in joint civil-military economic decision making.[4]