The Cabinet of Ministers has granted approval to appoint a Ministerial Sub Committee on Investment Promotion.
The Cabinet, that convened yesterday, approved a proposal tabled by the President to appoint a Sub Committee to attain the government’s investment goals and identify related investment opportunities.
Accordingly, the Committee will aim to provide technical and policy decisions related to specific investment areas while the Committee will be headed by the President.
The Prime Minister, Ministers and State Ministers will also be a part of the Committee.
Furthermore, to support the actions of the Committee an additional committee headed by the Secretary to the President comprising relevant Secretaries and other government officials has been approved.