Samsung Assembly Plant in Pakistan – Groundbreaking Initiative
IT and Technology giant considering setup the Samsung Assembly Plant in Pakistan. It is literally groundbreaking news for the Pakistani nation. Federal Minister for Industries Mr. Hammad Azhar said on Friday that:
Samsung Pakistan appreciates the Government policies and considering setting up the assembly plant in Pakistan
Furthermore, Federal Minister made it public on Twitter and shared the picture of a meeting with Samsung Pakistan MD this Friday.
In addition to this, Mr. Azhar Tweeted on a blogging website that
Smartphone production in Pakistan is increasing and multiplying following the Device Identification, Registration, and Blocking System (DIRBS) implementation. Furthermore, Mobile manufacturing policy has launched recently in Pakistan
In addition to Mr. Azhar said:
Samsung Pakistan appreciates the policies of the government and is actively considering setting up the smartphones assembly plant in the country
He added further that:
Met with Managing Director and Chief Executive Officer of Samsung Pakistan. They appreciated policies and are planning setting up the assembly plant in Pakistan
It is worth mentioning that the federal Cabinet had approved the Mobile Device Manufacturing policy in June this year. This policy has aimed to attract local and foreign mobile manufacturers and promote joint ventures. Furthermore, this policy will help in reducing mobile prices in Pakistan. So, tax breaks and different incentives are offered for tech giants. Consequently, exports of Pakistan will increase and it will help in moderating the prices of Mobiles.
However, more than 14 Smartphone companies are manufacturing handsets in Pakistan but most of those are 2G technology mobiles. So, Pakistan has the aim of starting the manufacturing of 3G and 4G devices locally. Moreover, DRIBS system will discourage the smuggling of Smartphone and local mobile manufacturers will feel protection. Hence, by implementing DRIBS system, only registered devices will operate in Pakistan. So, we can easily say that Pakistan is moving toward Digital Pakistan.