The President of Hyderabad Chamber of Small Traders and Small Industry, Muhammad Farooq Sheikhani, commended the formation of the Special Investment Facilitation Council, recognizing it as a crucial national plan to restore economic activities throughout Pakistan. He expressed his congratulations to the Federal government and all other individuals involved in taking this significant step towards boosting the country’s economy. His hope is that the council would ensure the smooth direction of local and foreign investment in multiple sectors.
Moreover, Sheikhani added that this council would play a crucial role in improving various sectors such as agriculture, livestock, information technology, construction, power generation, mining, mineral development and many more. He also pointed out that the government must provide incentives for local investors, just like they would for foreign investors, so that the country may achieve its desired goals.
The creation of the Special Investment Facilitation Council implies that the government has taken a significant initiative towards the economic development of the country. With the assistance of this council, the investment scenario can improve by enhancing the ease of doing business, promoting entrepreneurship, and fostering foreign investment. The council is expected to play a pivotal role in attracting global investors to put their money in the country.
Such a move will lead to the creation of new job opportunities, resulting in the reduction of unemployment rates and increasing the overall economic development of Pakistan. Hopefully, the establishment of this council will take the economy of Pakistan to new heights, bringing prosperity to the locals and facilitating a positive environment for investors across the globe. The positives can not be denied but implementation will now be key.
