ISLAMABAD: South Korean tech giant Samsung plans to set up a smartphone assembly plant in Pakistan, Industry and Production Minister Hamad Azar said on Friday.
The federal minister made the remarks “Samsung is considering setting up an assembly plant in Pakistan” after a meeting with Samsung Pakistan’s MD and CEO.
‘Smartphone production in Pakistan has been increasing exponentially since the implementation of the recently launched Device Identification, Registration and Blocking System (DIRBS) and mobile policy,’ Azhar said in a tweet.
He said both the MD and CEO of Samsung Pakistan appreciated the government policies and are now actively considering setting up a smartphone assembly plant in Pakistan.
In June, the Federal Cabinet approved the country’s first mobile device manufacturing policy, developed by the Engineering Development Board (EDB) through extensive consultation with the relevant public and private, Ministry of Industry and Production (Technology). Sector shareholders
The policy aims to encourage local assemblers to hire local engineers, skilled and semi-skilled educated youth. Pakistan is well on its way to taking advantage of competitive human resources to attract investment in the region around the world. The aim of this approach is to phase out the localization / localization of mobile phone components.