Huawei has said that it can open a manufacturing facility in Pakistan if government of Pakistan facilitates them with custom duty and taxes.
Tang Qibing, Vice President, Huawei Technologies, said this during a meeting with Mr. Nawaz Sharif, Prime Minister of Pakistan when he was travelling from Beijing to Shanghai through high speed train.
Huawei high-up, while showing his concerns over the taxes and duties, was confident about the viability of a manufacturing facility in Pakistan.
Tang Qibing said that company is engaged in various telecommunication projects with Mobilink and Ufone, hinting that company will be interested in locally manufactured telecom equipment in the long run if facilitated by the government.
Pakistan’s skilled force is long hoping for investments in manufacturing sector, however, very limited interest from government, energy crisis and high taxes confine the opportunities for multinational firms.
Huawei chief also briefed the PM with Pak-China Optic Fiber project, detailing the cost and timeline of the work.
Mr. Nawaz Sharif urged Huawei to open a research centre in Pakistan to facilitate Pakistani students.
It merits mentioning here that Huawei – in collaboration with Zong – opened a GSM Lab at NUST by investing around USD 1.3 million in hardware. Company also remained engaged with UET Lahore for datacom trainings and various scholarships for the students.