Islamabad, The Special Investment Facilitation Council (SIFC) is actively enhancing the IT sector’s investment landscape through a series of new initiatives designed to foster a business-friendly environment and boost investor confidence.
According to Ministry of Information and Broadcasting, the SIFC plans to establish over ten thousand E-Rozgaar centers to support freelancers and has laid the groundwork for pivotal economic agreements with IT companies from the United States, Saudi Arabia, the UAE, and Kuwait. The council has also introduced the PayPak Service to facilitate easier receipt of foreign payments for freelancers and is implementing a national policy for high-speed Internet Fiber to increase connectivity.
Additionally, the Pakistan StartUp Fund was launched to provide resources for new ventures, indicating the council’s commitment to nurturing a robust startup ecosystem and spearheading the development of a Semiconductor Industry.