JOURNAL ARTICLE

Pakistan Business Council Advises SIFC to Focus on Investment Climate Transformation.

  • Published In: Energy Update, 2024. P. 1 1 of 2

  • Database: The Belt and Road Initiative Reference Source 2 of 2

Abstract

The Pakistan Business Council (PBC) has advised the Special Investment Facilitation Council (SIFC) to prioritize the transformation of Pakistan's investment climate in order to attract foreign direct investment (FDI). The CEO of PBC, Ehsan Malik, emphasized the importance of addressing fragmentation within key ministries and promoting long-term policy predictability. Malik also recommended focusing on FDI in export-oriented and import-reducing sectors, while cautioning against high-risk perceptions that could lead to short payback periods for investors. He highlighted various challenges, including regulatory complexities, industrial policy gaps, high energy tariffs, and taxation issues, and urged a comprehensive approach to improve the investment environment. [Extracted from the article]

Additional Information

  • Source:Energy Update. 2024/05, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • ISSN:2309-6578
  • Accession Number:177227025
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