The Cabinet ‘s Economic Coordination Committee (ECC) has approved the Mobile Phone Manufacturing Policy in principle with instructions to the Ministry of Industry and Production to further fine-tune its various features and opportunities to encourage localization and R&D, contributing to mobile phone exports.
Adviser to the Prime Minister on Finance and Revenue Dr. Hafeez Sheik chaired the ECC meeting and addressed the Manufacturing Strategy for Mobile Devices as suggested by the Ministry of Industry and Development.
Due to imports through grey channels, local cell phone manufacturing remained suppressed. PTA ‘s implementation of User Recognition, Registration, and Blocking System (DIRBS) has curbed illicit mobile phone imports and has also been instrumental in improving security.
The objectives of the policy are:
- Joint projects.
- Digitization improved by adopting 4G/5 G technologies.
- Guided foreign investment.
- 200,000 direct and indirect jobs developed.
- Attainment of the health targets.
- Exports of handsets that are made competitively.
- Cutting costs for customers.
- Acquisition of technologies and localization of mobile devices by local investment.
- Creation of a productive eco-system in the manufacturing cycle.
Extracted from City42 News