DLP Report
PESHAWAR
Chief Secretary Khyber Pakhtunkhwa, Shahab Ali Shah, chaired a meeting to discuss boosting of investment under the Special Investment Facilitation Council (SIFC). The meeting was attended by Secretary Planning and Development Department Khyber Pakhtunkhwa and officials from the Public Private Partnership Unit of P&D Department.
To maximize the investment potential of the province under SIFC, the Government of Khyber Pakhtunkhwa has established an SIFC cell under the PPP unit of the P&D Department. This cell will serve as a single window facilitation for initiatives under SIFC, focusing on five key sectors: Agriculture, Information Technology, Mineral resources and mining, and Defense production.
The SIFC cell will be Secretary P&D Department as Chairman, Chief of Section PPP as Coordinator, Research Analysts, and Sector Specialists. By leveraging the established PPP Unit, KP can maximize the impact of the SIFC platform and attract greater investment.
The cell will drive projects under SIFC, conduct detailed feasibility studies of promising projects, and assess existing and potential investment projects in priority sectors. The meeting also discussed the SIFC investment acceleration plan, which includes designating departmental focal persons, notifying lead departments and working groups, and monitoring and evaluating the impact of investment projects.
Agriculture, Livestock, IT, Tourism, Mines and Minerals, Industries, Health, and Energy departments will be notified to work out the investment potential in these sectors. The creation of the SIFC cell is a significant step towards promoting economic growth and development in Khyber Pakhtunkhwa.
