The Special Investment Facilitation Council (SIFC) has made significant strides since its inception. Dedicated to facilitating foreign direct investment (FDI), SIFC has undertaken various initiatives to facilitate both local and international investors.
One of the pivotal measures implemented by SIFC is enabling investors in the IT sector to repatriate up to 50% of their profits, thereby incentivizing investment in this burgeoning industry.
Additionally, the establishment of the Office of the Investment Ombudsman has provided a vital platform for investors to swiftly resolve any issues they encounter, instilling confidence and ensuring smoother investment processes.
Moreover, SIFC has set up Appellate Tribunals in key sectors such as privatization and telecom, offering investors a channel to seek guidance on legal matters pertaining to their investments.
Furthermore, Pakistani diplomats and trade and investment officers stationed abroad have been tasked with actively promoting FDI, thereby expanding the reach of investment opportunities beyond borders.
Originally focused on attracting foreign investment, SIFC has broadened its scope to also cater to the needs of local investors, resulting in a favorable investment climate within the country.
To enhance accessibility and transparency, SIFC has launched a user-friendly website (www.sifc.gov.pk), providing investors with easy access to relevant information, services, and contact details.
