”
Islamabad (Zahid Gushkuri, Head Hum Investigation) Under the umbrella of Special Investment Facilitation Council (SIFC), work has started on 37 new projects worth billions of dollars in 6 sectors. SIFC is cooperating in a total of 106 projects, while Pink Salt’s $200 million contract has also been signed with American company Miracle Salt.
According to the documents received by our investigation team, the Rekodic project has been offered to Saudi Arabia, while contracts worth 150 million dollars have been concluded with the foreign company Bart Lead Zinc and a solar salt contract worth 70 million dollars has been concluded. .
Islamabad: A bag of 10 kg flour has become 1200 rupees
The documents reveal that a $180 million contract for the soda ash plant has also been settled. 72 lakh acres of land has also been identified for investment by SIFS. In this regard, businessmen have also been offered 9 lakh acres of land for agriculture and industrialization.
According to the documents, 12 projects of agriculture and natural resources, 53 projects of industries and 19 projects of tourism are progressing rapidly, investment agreements on 140 thousand acres of land have been concluded with China, France, Bahrain and UAE. 211 contracts for 8 lakh acres have been made with local entrepreneurs.
According to the documents, agreements for the export of goods and livestock have also been concluded with Brazil. The profit received by the companies has increased from 220 million dollars to 700 million dollars, Telecom and Privatization Appellate Tribunals have also been created.
In addition to 7 final agreements and two framework agreements with UAE, and 7 framework agreements with Kuwait, one agreement with Saudi Arabia has also been signed in this regard and working groups have been formed with Kuwait and UAE.
In the federal budget, the salaries of government employees are expected to increase by 12 percent
According to the documents, the heavy electric complex has been privatized, apart from the legal privatization of PIA, discos have also been allowed to be given to the private sector while the steel mill has been removed from the privatization list.
Discussions have been held with the UAE under the government-to-government policy for the privatization of First Women Bank. The documents further stated that the Fed Board Revenue (FBR) restructuring plan will increase the tax by 15 percent.
”
