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Tuesday, June 18, 2024  
11 Dhul-Hijjah 1445  

SIFC apex committee meets today with KP CM invited after governor’s intervention

Meeting will likely discuss foreign investment pledges
Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur
Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur

An important meeting of the apex committee of the Special Investment Facilitation Council (SIFC) is being held today (Saturday) in Islamabad. Prime Minister Shehbaz Sharif has finally invited Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur to the meeting only after KP’s governor, Faisal Karim Kundi, intervened.

Gandapur was not originally invited by the prime minister who did extend invites to all other chief ministers.

KP’s Barrister Saif confirmed that the chief minister had received an invitation.

Governor Kundi is from the Pakistan Peoples Party which is trying to play the role of a neutral arbitrator between the PMLN-led government and the PTI.

The apex committee will likely discuss investment promises made by Saudi Arabia and the United Arab Emirates.

The UAE has earmarked $10 billion for investment in Pakistan while Saudi Arabia has pledged $5 billion for immediate investment. Saudi investment will likely go into the Reko Diq gold and copper mines project.

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Ali Amin Gandapur

Faisal Karim Kundi