DG SIFC discusses regulatory reforms with KP businessmen

PESHAWAR
The Director General of the Special Investment Facilitation Council (SIFC) held a meeting with representatives of chambers of commerce here to discuss issues facing the business community and measures to improve the business and investment climate in Khyber Pakhtunkhwa.
During the meeting on Sunday, the DG SIFC briefed business representatives on the council’s mandate, institutional role and ongoing initiatives aimed at promoting investment and creating a business-friendly environment across the country.
The participants were also informed about regulatory reforms being introduced by SIFC in collaboration with the Khyber Pakhtunkhwa government. These reforms focus on simplifying business procedures, reducing administrative and legal hurdles, and facilitating private-sector activities.
The DG SIFC emphasised the importance of coordinated efforts between federal and provincial governments and the business community to address business-related challenges and create a conducive environment for economic growth.
Representatives of various chambers of commerce highlighted the problems and practical obstacles faced by businesses in the province. They stressed the need for effective coordination with relevant government departments to ensure the timely resolution of pending issues.
SIFC officials listened to the concerns raised by business representatives and reaffirmed their commitment to addressing the identified obstacles in coordination with relevant federal and provincial authorities.
The business community was assured that SIFC would continue supporting efforts to facilitate commercial activities and remove barriers to investment.
The meeting provided an important platform for direct engagement between SIFC and the province’s business community, highlighting the need for stronger public-private sector coordination to improve the business environment and attract investment to Khyber Pakhtunkhwa.