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Samsung ‘actively considering’ setting up smartphone plant in Pakistan

 

ISLAMABAD: Mobile phone manufacturing company Samsung is “actively considering” setting up a smartphone assembly plant in Pakistan, revealed Federal Minister for Industries and Production Hammad Azhar on Thursday.

“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,” he tweeted. 

Azhar stated that both the Samsung Pakistan MD and CEO appreciated the government’s policies and were now actively considering setting up a smartphone assembly plant in Pakistan.

In June, the government announced it had approved a new mobile phone manufacturing policy. The policy aims to incentivise local assemblers who will provide jobs to local engineers, skilled and semi-skilled educated youth. Pakistan is well poised to capitalise the competitive human resource advantage to attract investment in the sector from across the globe. The policy aims at the localisation/indigenisation of the parts of the mobile phone in a phased manner.

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