Pakistani government has committed a Chinese group all possible support and special incentives if they setup smartphone manufacturing plant in the country.
Chinese delegation, in response, expressed its agreement to setup smartphone manufacturing plant in Pakistan.
The delegation said the plant would be set up on a fast-track basis.
Chinese Mobile Companies Association Secretary General Lou Peide, who was the heading the delegation, was quoted as saying that he is in Pakistan to share Chinese experience and expertise as Pakistan’s domestic market presents a huge opportunity for the manufacturing of smartphones capable of 3G/4G technology.
Piede mentioned that with a population of nearly 200 million and a high growth rate of the mobile industry, there is a huge requirement for local manufacturing units in the country.
He informed that Chinese companies own almost 80% of the global market and produce smartphones that cost between $22 to $600, highlighting the impact of Chinese companies in the global mobile phone market.
Pakistani government, on other hands, announced that it will arrange special incentives for foreign investors, especially the Chinese group that may deploy smartphone manufacturing plant in Pakistan.
Ishaq Dar, Finance Minister, – during his meeting with the delegation – said that Foreign Direct Investment in IT sector would enjoy special corporate tax rate for the next five years if they complete their projects in three years time period till June 30 2017.
Dar said that the government has embarked upon a plan to meet the energy requirements and make the country economically viable.
He also said that Pakistan has educated and skilled young labour force and it can be used as export base to the whole region.
The Finance Minister briefed the investors on the latest economic indicators and performance of economy during the last one year. He also discussed the proposed budget that provides special incentives for the foreign investment in Pakistan.
The meeting was also attended by Ms. Anusha Rehman, State Minister for Information Technology, Finance Secretary MO IT, Chairman Federal Board of Revenue, Chairman Board of Investment and senior officials of the Finance Ministry.
The image is of a north Korean mobile phone made by china.
and Assembled in Pakistan
Great news! Hope more and more manufacturers set their plants in Pakistan. This way, we will be getting good quality phone at affordable prices. It will also help reduce unemployment ratio.
So you are saying if Samsung have manufacturing plant in Pakistan you get S5 in 20k? GOOD manufacturer set their price globally.
It should. Does anyone know that toyota fortuner sells for indian Rupees 26 lacs while same vehicle in pakistan sells for Rs 75 lacs. Over here manufacturers are ripping people hard. The cost of production of this vehicle is same for india and pakistan but toyota indus is deceiving people here
O bhai koi sasti lay lo, Fortuner konsa fly karti hai :-p
Hahahahhahaa haaaaaaaaaaaa haha aaaa hahaha aaaaahahahahahaaahahaha
Mujy aany main 2 weeks or lagy gaye tab tak ksi achy doctor sa mashwara krain.
Untnay din main isko mashwara deta hoon, ajao Asim :)
lakin share 60 40 ho ga..
Q nai g ral mil k hissay hon gay
PM nawaz seems very commited to bring foreign investment in Pakistan ….. Kudos to PM Nawaz and his competent cabinet
‘IN’competent.
You are so naive.
Yeh Khandani syasat walay log kuch nhi kar sktay, Greeb k liye aata sasta nhi kar sktay aur kya khaak karen gay.
the chinese group doesnt have a name?
shin yu hi cha mu
thats the name :P
Taliyaaaaan, Aap khud hee rakh lain Q mobile :P
Long fongi may be
to phir Q mobile kis k sath noir kray ga
App bhi waaly wo bhi waaly
sath sath apna b bta dete na
kub aa rahay pak aap.
Aary main to poochna bhol geya suna hai kal karachi hamly k waqat aap jahaz main bhaty thy. kya guzri aap par?
guzarni kia thi ji,,bus shuker ha k jahaz main bathroom hota hai.agay samaj jaen
Kabhi bathroom se fursat milay to Pindi ana, Hamein bhi Khidmat shidmat ka moqa dain :)
khoob hai agr koi masla dar paish aaya hai to bar waqat bta dain main ijtanab karo ga Karachi airport sa.
JANTA of Pakistan
job opportunities will grow and also Rubbish manufacturing
Negative Newgative EveryWhere
MML
Thats Good but if it does not work the way you protect your local third class car manufacturers…!!
Can we expect Xiaomi, Pipo, Lenovo like things or just 2 battery 4 sim 6 torch?
You forgot ZTE, Huawei and Oppo.
ZTE and Huawei are already available.
dont setup plants which produces junk. China will suffer for all the factories it has there..
ZTE and Huawei in past have got benefits and relaxations from government on assurance of transfer of technology ,R&D work and local manufacturing etc .But nothing actually has been done by the Chinese companies except getting business and commercial benefits..
YOTA Phone is going to be launched in Pakistan
what? LOTA?
KHOTA
Main kehta hoon g, AaaaaaaaAaaa, SOTA:)
Most probably Oppo
i wante good cloth
pakistan bhot acha hai
the image so good and i like this image