SIFC Playing Key Role in Promoting Industrial Growth in Pakistan

Islamabad: Special Investment Facilitation Council (SIFC) is playing a key role in promoting industrial growth and investment in Pakistan. The country's auto industry is not only meeting domestic demand but is also ready for growth and expansion on a global scale. The production capacity of the auto sector has reached up to five hundred thousand units annually. According to Radio Pakistan, in February this year, passenger vehicle sales recorded a fifty-one percent year-on-year increase. Monthly passenger vehicle sales reached over thirteen thousand units in February, reflecting industrial growth. With strong production capacity and increasing demand, Pakistan's auto industry is becoming a key sector for investment.