ISLAMABAD: Pakistan’s industrial revival gathered fresh momentum as the Special Investment Facilitation Council (SIFC) cleared long-standing regulatory hurdles, paving the way for seven new cement plants backed by roughly $700 million in investment.
The approvals, facilitated by the SIFC in coordination with the Punjab government and relevant stakeholders, were fast-tracked for key industry players including Flying Cement Company Limited, Lucky Cement Limited, Bhutta Cement, Asian Precious Minerals Limited, Orient Cement (Private) Limited, Dandot Cement Company Limited and Maple Cement.
The initiative is expected to boost domestic cement output, curb reliance on imports and expand export capacity, while reinforcing Pakistan’s construction and industrial base. Officials said the new projects would also generate jobs across manufacturing, logistics and energy, while stimulating downstream sectors tied to infrastructure development.
