SIFC clears $700 million investment for seven new cement plants in Pakistan

Pakistan’s industrial sector has seen renewed activity after the Special Investment Facilitation Council (SIFC) facilitated approvals for seven new cement plants backed by an estimated $700 million in investment.

According to a news report, the clearances were issued in coordination with the Punjab government and other stakeholders, resolving regulatory delays that had held back these projects.

Companies receiving approvals include Flying Cement Company Limited, Lucky Cement Limited, Bhutta Cement, Asian Precious Minerals Limited, Orient Cement Private Limited, Dandot Cement Company Limited, and Maple Cement.

Officials said the new plants are expected to increase domestic cement production capacity and support exports, while reducing dependence on imports.

The projects are also expected to create employment opportunities across manufacturing, logistics and energy, and support related sectors linked to infrastructure development.