Council discusses regulatory reforms, business bottlenecks and investment facilitation with chambers of commerce in Khyber Pakhtunkhwa.
PESHAWAR: The Special Investment Facilitation Council (SIFC) has engaged representatives of chambers of commerce in Peshawar to discuss challenges facing businesses and explore measures to improve the investment climate in Khyber Pakhtunkhwa (KP).
The Director General of SIFC chaired an interactive meeting with business representatives, focusing on regulatory obstacles, administrative difficulties and opportunities to strengthen private sector activities in the province.
During the meeting, the DG provided a detailed briefing on SIFC’s mandate, institutional role and ongoing initiatives aimed at attracting investment and creating a business-friendly environment across Pakistan.
Participants were also briefed on regulatory reforms being pursued by SIFC in collaboration with the KP Government, particularly measures to simplify business procedures, reduce regulatory hurdles and facilitate commercial activities.
The DG emphasised the importance of coordinated efforts between federal and provincial governments and the business community to address longstanding challenges and encourage investment.
Representatives of the participating chambers highlighted various operational difficulties and bottlenecks affecting businesses in Khyber Pakhtunkhwa. They stressed the need for better coordination with relevant government departments to ensure timely resolution of outstanding issues.
SIFC officials listened to the concerns raised by business representatives and reaffirmed their commitment to addressing the identified obstacles in coordination with the relevant federal and provincial authorities.
The business community was assured that the Council would continue facilitating the resolution of issues affecting commercial activities and investment in the province.
The meeting provided an opportunity for direct engagement between the government-backed investment facilitation body and private sector stakeholders.
SIFC reiterated its commitment to working with the KP Government and business community to simplify regulatory processes, address private sector concerns and create a more conducive environment for business expansion and investment in Khyber Pakhtunkhwa.