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Pakistan is preparing to roll out its first-ever Industrial Policy, a landmark move aimed at attracting investment, streamlining regulations, and strengthening the industrial framework.
According to The News, the policy will introduce key reforms including the establishment of a National Land Bank, incentives for offshore capital repatriation, and modernization of insolvency and restructuring laws. The initiative seeks IMF approval to ensure alignment with international financial standards.
A senior government official stated,
“The new policy will create an enabling environment for investors and offer structured solutions for struggling industries through legal and financial reforms.”
The National Land Bank will consolidate land for industrial estates, while the Special Investment Facilitation Council (SIFC) will oversee its implementation. Reforms to Special Economic Zones (SEZs) and Export Processing Zones (EPZs), including land utilization from Pakistan Steel Mills, are also under consideration.
Digitalized One-Stop Shops (OSS) will be introduced to streamline approvals and reduce bureaucratic delays. The policy also aims to harmonize zoning laws, improve infrastructure connectivity, and provide a clear roadmap for industrial revitalization.
If approved, this policy could mark a turning point in Pakistan’s industrial growth, driving export-led expansion and foreign investor confidence.
