OMAP Asks SIFC to Clamp Down on Campaigns Undermining Foreign Investment

OMAP-Project

KARACHI: The Oil Marketing Association of Pakistan (OMAP) has urged the Special Investment Facilitation Council (SIFC) to take decisive action against individuals and politically motivated groups allegedly running malicious campaigns aimed at discouraging foreign direct investment (FDI) in the country.

In a letter addressed to Lt Gen Sarfraz Ahmed, National Coordinator at SIFC, OMAP expressed concern over “misleading, factually incorrect and malicious advertisements” being circulated against the petroleum sector. These efforts, it said, are designed to confuse the public, sow doubt, and undermine reputable companies operating fully within Pakistan’s legal and regulatory frameworks.

OMAP echoed an SIFC official’s earlier remarks that attracting FDI will remain difficult unless local investors actively participate in the economy. It stressed that a conducive business environment requires investor-friendly taxation policies as well as protection of existing investments from fraudulent or malicious legal actions.

The association noted that major global players — including Total Parco, Gunvor, Shell, Wafi, GO, Aramco, BE, Caltex and Admore Puma — represent significant FDI in Pakistan. Several other OMAP member companies are also in discussions with foreign partners to secure additional investment, making an investor-friendly climate essential.

OMAP called on SIFC to “expose and unequivocally reject” attempts to sabotage foreign investment, warning that such behaviour threatens Pakistan’s reputation as a transparent, stable and attractive destination for global investors. It said strict enforcement of regulations and proactive countermeasures would send a strong signal that disruptive agendas will not be tolerated.

The association emphasised that collaboration between regulators, industry stakeholders and bodies like the SIFC is vital for maintaining investor confidence, protecting ongoing investments and fostering sustainable economic growth. By demonstrating zero tolerance for anti-investment narratives, OMAP said Pakistan can enhance its credibility, attract high-quality FDI, and strengthen the foundations for long-term prosperity and job creation.

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