Mobile manufacturing leads ‘Make-in-Pakistan’ policy: Razak

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Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood on Tuesday said that mobile manufacturing in Pakistan is part of the government’s ‘Make in Pakistan’ policy which will boost domestic exports.

“Our vision is to make Pakistan a hub of mobile phone manufacturing and export and the export of mobile phones will soon start that will earn foreign exchange for the country”, he said.

A meeting was presided over by Adviser to the Prime Minister on Commerce and Investment, Abdul Razak Dawood to examine progress made towards export of locally-manufactured mobile phones from Pakistan under the ‘Make-in-Pakistan’ policy said a press release issued.

The adviser was informed that the success of the ‘Mobile Phone Manufacturing Policy’ was also evident from the import figures during the first five months of the current financial year (FY) as compared to the same period in the previous FY.

In the meeting, the adviser was informed that in Pakistan, about 80 to 85 percent of the market is for phones priced at $200 or below.

He was informed that as a result of Mobile Phone Manufacturing Policy, which contains duty incentives for enhancing mobile phone assembling in Pakistan, the majority of phones cheaper than $200, are now assembled in Pakistan.

He was also informed that this was complemented by Pakistan Telecommunication DIRBS which has curbed the smuggling of mobile phones.—APP

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