Pakistan and UAE Strengthen Ties for SEZ Investment and Economic Growth

Pakistan is taking significant steps to strengthen its industrial base and attract foreign investment, with the Special Investment Facilitation Council (SIFC) playing a pivotal role. In a recent move, the Board of Investment (BOI) signed a Memorandum of Understanding (MoU) with the UAE’s International Free Zones Authority to channel investments into Pakistan’s Special Economic Zones (SEZs).

During the signing ceremony, UAE officials emphasized Pakistan’s strategic importance in the region, highlighting its potential for economic expansion. The Pakistani government has introduced a modern national framework to optimize SEZs, ensuring uniform policies, incentives, and streamlined regulations to attract investment.

A major initiative includes the establishment of Business Facilitation Centers, which will operate as one-window solutions for domestic and foreign investors. Additionally, land pricing under the SEZ Act has been revised, allowing investors to make payments through easy installments.

Economic analysts predict that this collaboration will increase exports, reduce trade deficits, and drive economic growth. The UAE-Pakistan partnership is one of several international alliances aimed at boosting industrial productivity and strengthening Pakistan’s economic foundations.