Pakistan Launches SIFC Visa to Boost Foreign Investment
Pakistan introduces fast-track SIFC visa to streamline foreign investment, with approvals in 24 hours and multi-year validity.
The Executive Committee of Pakistan’s Special Investment Facilitation Council (SIFC) has greenlit a new SIFC visa to attract international investors. This landmark initiative is designed to foster a more business-friendly environment and accelerate economic growth in the country.
SIFC Visa Rollout
Following approval by the Executive Committee, chaired by Minister for Planning and Development Muhammad Sami Saeed, the SIFC visa will now be issued within 24 hours and is valid for six months to five years. Extensions are possible for up to two years, processed in two weeks, reinforcing Pakistan’s commitment to reducing red tape and welcoming foreign capital.
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SIFC’s Core Role
Established six months ago, the SIFC is a hybrid civil-military body tasked with unlocking investment opportunities in key sectors including agriculture, mining, IT and defense. During its latest meeting, participants highlighted progress across multiple industries and strengthened economic ties with Middle Eastern partners such as the United Arab Emirates and Kuwait.
Ministries provided updates on project milestones and outlined further steps to improve the business and investment climate nationwide. Topics included plans for new economic zones and measures to scale up industrial development.
