{
  "id": 17155487,
  "title": "SIFC expects USD40bn investment in 38 projects",
  "url": "https://urgent.news/2026/10/30/sifc-expects-usd40bn-investment-in-38-projects",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-30T00:43:52.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40446611/sifc-expects-usd40bn-investment-in-38-projects"
  },
  "original_language": "en",
  "account": "The Special Investment Facilitation Council (SIFC) has identified 38 projects across various sectors, including mining, industry, railways, roads, maritime affairs, power, information technology, pharmaceuticals, health, tourism, and food security. These projects are anticipated to draw approximately USD 40 billion in investment. During a Senate Committee meeting chaired by Senator Rana Mehmoodul Hassan, officials from SIFC highlighted the approval of the Brownfield Refinery Policy, which has garnered five refineries that are in the process of signing implementation agreements. These deals are estimated to involve investments worth around USD 6 billion.\n\nSIFC officials also mentioned their ongoing discussions with Chinese companies, as well as potential investors from Qatar and Kuwait. They emphasized the steps being taken to streamline regulatory procedures, improve visa facilitation, and introduce single-window operations to encourage foreign investment. Former Senate Chairman Senator Saadia Abbasi underscored the need to further simplify bureaucratic processes and reduce the regulatory burden on investors.\n\nSenator Abdul Qadir pointed out Pakistan's high business costs, particularly in energy and financing, and highlighted the bureaucratic inefficiencies plaguing the country. He called for a joint relief mechanism between the Government and the State Bank of Pakistan to bolster investor confidence and protect existing and prospective investments. The Committee, however, cautioned that providing reliable statistical projections for investment figures was challenging due to ongoing regional issues, such as the US–Iran conflict.",
  "summary": "ISLAMABAD: The Special Investment Facilitation Council (SIFC) on Thursday informed the Senate’s Cabinet Secretariat Committee that around 38 projects had been finalised in sectors including mining, industry, railways, roads, maritime affairs, power, information technology, pharmaceuticals, health, tourism and food security, which are expected to attract around USD 40 billion in investment. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}