China’s HYF Considers Setting up Laptop and Tablet Plant in Pakistan

Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, held a meeting on Monday with the Chief Executive Officer (CEO) of Chinese laptop manufacturing company HYF to discuss the establishment of a laptop and tablet manufacturing industry in Pakistan.

According to a news release, HYF specializes in the production of laptops, fingerprint devices, and tablets. The SAPM said that Prime Minister Shehbaz Sharif has directed that all possible facilitation be provided to Chinese investors, assuring them that their investments in Pakistan will remain fully secure.

He added that the government, under the prime minister’s vision, will introduce a Mobile Device Policy that will also cover laptops and tablets.

Highlighting investor facilitation measures, Haroon noted that the visa policy for Chinese investors has been improved, allowing the issuance of visit and business visas within 24 to 72 hours.

The SAPM also directed the Pakistan Industrial Development Corporation (PIDC) and the Engineering Development Board (EDB) to extend full cooperation to HYF for the successful establishment of the project in Pakistan.