In a groundbreaking development, the Special Investment Facilitation Council (SIFC) has emerged as a pivotal force propelling the Telecommunication Sector in Pakistan towards unparalleled progress and innovation.
Addressing a press conference, Dr Saif underscored the collaborative efforts of all stakeholders, including military and political leadership, within the SIFC forum, attributing it to the remarkable strides witnessed in decision-making processes.
He emphasised the forum's role in paving the way for digital transformation and fostering foreign direct investment, highlighting the substantial benefits to the common man and the overall stability of the national economy.
"Incoming governments will now have the ability to make timely decisions crucial for the country's development and public interest, thanks to the presence of the Special Investment Facilitation Council," Dr. Umar Saif stated.
A notable success story emanating from SIFC's intervention is the resolution of a longstanding case concerning hundreds of megahertz spectrum, which had been mired in a legal quagmire since 2014.
The matter was brought before the SIFC forum, prompting the Sindh High Court to expedite proceedings and deliver a verdict on December 14. The spectrum, valued at one billion, heralds a significant victory for the caretaker government, opening avenues for enhanced connectivity and communication services.
Furthermore, SIFC's pivotal role in formulating and securing approval for the country's first space policy was lauded by Dr. Saif. The policy lays the foundation for groundbreaking advancements, including the imminent availability of satellite internet to the public and a substantial improvement in the existing network infrastructure.
Among the notable achievements attributed to SIFC is the implementation of the Right of Way Policy for Spectrum Auction and Laying of Optical Fiber Cable, facilitating a seamless integration of modern technologies into the country's telecommunication framework.
