After a detailed meeting with Samsung Pakistan Chief Executive officer (CEO) and Managing Director (MD), Federal Minister for Industries and Production Hammad Azhar tweeted that Samsung is interested to set up its assembly unit in Pakistan.
According to the minister, “Smartphone production in Pakistan is increasing exponentially, thanks to the implementation of new, more robust, policies.”
Both Samsung officials appreciated the changes and are actively considering setting up a smartphone assembly unit in Pakistan.
In May this year, the Economic Coordination Committee (ECC) approved the first-ever mobile device manufacturing policy in Pakistan, according to a summary moved by the Ministry of Industries and Production.
The Ministry of Industries and Production was tasked to further fine-tune various features and incentives of the policy to promote localisation of research and development (R&D), leading to the export of mobile phones.
The development comes after PTA’s (Pakistan Telecommunication Authority) implementation of the Device Identification, Registration and Blocking System (DIRBS), and Mobile Policy launched recently.