South Korean tech giant Samsung Electronics is in the process of setting up a television line-up plant in Karachi, the Prime Minister’s aide on Commerce and Investment Abdul Razak Dawood said on Wednesday.
“I have been informed that Samsung Electronics is in the process of establishing their TV line-up plant in collaboration with the R&R Industries at Karachi,” he wrote on his official Twitter handle.
“This is a vindication of MOC’s “Make-in-Pakistan” policy for industrialisation via rationalisation of input costs and other incentives,” he added.
I have been informed that Samsung Electronics is in the process of establishing their TV line-up plant in collaboration with the R&R Industries at Karachi. It will become functional in Q4 of 2021 and is expected to produce 50,000 units annually.
— Abdul Razak Dawood (@razak_dawood) September 22, 2021
This is a vindication of MOC’s “Make-in-Pakistan” policy for industrialisation via rationalisation of input costs and other incentives.@Samsung @SamsungPakistan @mincompk @aliya_hamza #Pakistan #PakistanMovingForward #ManufacturingIndustry
— Abdul Razak Dawood (@razak_dawood) September 22, 2021
Earlier in August, the Pakistan Telecommunication Authority (PTA) issued a local firm the license to manufacture Samsung smartphones locally. The company had applied for authorisation to set up a mobile device manufacturing plant in Karachi.
“In accordance with Mobile Device Manufacturing (MDM) Regulations 2021, PTA has issued MDM authorisation to Lucky Motor Corporation Limited for manufacturing of Samsung brand mobile devices,” read a statement issued by the regulator.
Lucky Motor Corporation, a subsidiary of Lucky Cement Ltd (LCL), has signed an agreement with Samsung Gulf Electronics Co, FZE for producing Samsung mobile devices in Pakistan.
