SIFC Reforms Drive Major Progress in Pakistan’s Cement Sector

Pakistan’s cement industry is making progress as the Special Investment Facilitation Council (SIFC) continues to support industrial growth through fast-track reforms.

Under SIFC’s fast-track policy, the government has approved $700 million in investment for seven new cement plants across the country.

After the removal of regulatory hurdles, projects by Flying Cement, Lucky Cement, and five other companies have moved forward.

As part of this support, Lucky Cement has completed the upgrade of its Karachi plant, increasing its production capacity.

The plant’s annual production capacity has increased by 300,000 tons, reaching 5.35 million tons per year.

According to the company, the upgrade will improve fuel efficiency and reduce coal consumption.

With this expansion, Lucky Cement’s total annual production capacity has reached 15.6 million tons, strengthening its position as Pakistan’s largest cement producer.

The new projects are expected to improve value-added production, increase exports, and support long-term industrial growth.

The latest developments highlight the role of SIFC’s reform measures in promoting investment and modernizing Pakistan’s industrial sector.