The Special Investment Facilitation Council (SIFC) of Pakistan recently participated in an investment roadshow in Dubai with the aim of attracting foreign direct investment (FDI) to Pakistan. This event in Dubai brought together businesspeople from various sectors from the UAE, Pakistan, and other countries, as reported by Khaleej Times.
During the roadshow, the SIFC leadership emphasised the untapped investment opportunities in key sectors of Pakistan’s economy, including agriculture/livestock, IT and telecom, mines and minerals, and energy.
Pakistan has been experiencing challenges in attracting foreign direct investment, partly due to political instability and natural disasters that impacted the region in 2022. In response, the government is working on updating laws and regulations to make the country more appealing to foreign investors. For example, they are looking to revise intellectual property rights (IPR) laws to address issues like piracy of online content and improve protection for intellectual property rights holders.
The roadshow in Dubai comes shortly after Pakistan’s Ambassador to the United States, Masson Khan, called for American investors to increase their presence in Pakistan’s market. This reflects Pakistan’s efforts to encourage foreign investment and promote economic growth in the country.