Chinese Group Agrees to Set Up Smartphone Manufacturing Plant in Pakistan

Smartphone

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.

Tech reporter with over 10 years of experience, founder of ProPakistani.PK


  • 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

  • PM nawaz seems very commited to bring foreign investment in Pakistan ….. Kudos to PM Nawaz and his competent cabinet

  • 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?

  • 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..

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