ISLAMABAD, MAY 16 /DNA/ – Pakistan Government Merges Board of Investment into SIFC to Boost Foreign Investment Islamabad: In a significant move to streamline investment procedures and attract more foreign capital, the federal government has decided to merge the Board of Investment (BOI) with the Special Investment Facilitation Council (SIFC).

The decision aims to make Pakistan’s investment ecosystem faster, more efficient, and investor-friendly, particularly for global investors including those from China. The integration is expected to be completed before Prime Minister Shehbaz Sharif’s scheduled visit to China on May 23.

Key Objectives of the Restructuring Under the new framework, the SIFC will serve as the central body responsible for promoting foreign investment and ensuring effective implementation of investment policies. The council has also been tasked with preparing a comprehensive roadmap for Special Economic Zones (SEZs), regulatory reforms, and investment facilitation.

This development is part of broader efforts to strengthen investment cooperation under the second phase of the China-Pakistan Economic Corridor (CPEC). Expected BenefitsThe merger is expected to:

• Accelerate the investment approval process
• Improve institutional coordination
• Enhance investor confidence
• Create a more cohesive and effective investment ecosystem

Official sources described the move as an important step toward making Pakistan’s investment regime more robust, result-oriented, and attractive to international investors.The strengthened SIFC will play a pivotal role in fast-tracking key projects, removing bottlenecks, and providing one-window facilitation to foreign and local investors.