Tech giant Samsung is ready to enter the Pakistani market!
Minister for Industries and Production Hammad Azhar has said South Korean tech giant Samsung is looking forward to setting up the smartphone assembly plant in Pakistan.
Hammad Azhar has also had a meeting with the CEO and MD of Samsung, which he revealed through his tweet saying:
Smartphone production in Pak is multiplying following DIRBS implementation and Mobile Policy launched recently.
Met with the Samsung Pakistan MD and CEO. They appreciated both policies and are now actively considering setting up a smartphone assembly plan in Pakistan. pic.twitter.com/8bGBnCWvir
— Hammad Azhar (@Hammad_Azhar) August 21, 2020
“Smartphone production in Pakistan is multiplying following Device Identification, Registration and Blocking System (DIRBS) implementation and Mobile Policy launched recently.”
He further also stated the interest of the tech giant to enter the Pakistani market in the meeting he had with senior officials:
“Met with the Samsung Pakistan MD and CEO. They appreciated both policies and are now actively considering setting up a smartphone assembly plant in Pakistan.”
The Federal Cabinet in June has recently approved the country’s first mobile device manufacturing policy that has been prepared by the Engineering Development Board (EDB), a techno-economic arm of the Ministry of Industries and Production (MoIP) after extensive consultation with public and private sector stakeholders.
The policy aims to incentivize local assemblers that will also help in generating new jobs for local engineers, skilled and semi-skilled educated youth. The policy also aims at the localization of the parts of cell phones in a proper manner.
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