Investment friendly policies improves business ecosystem

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September 29, 2021: Federal Minister for Industries and Production Makhdum Khusro Bakhtyar here on Tuesday said that due to investment friendly policies of incumbent government, the business ecosystem of the country was improved.

Talking to Chief Executive Officer OPPO Pakistan, George Long, the minister said that local manufacturing of mobile will keep prices under control for local customers of mobile phones, but it will also enable expansion of the mobile phone industry to become bigger player in national economy.

He said that this growth would result in the creation of numerous employment opportunities within the industry as well as associated industries in the country, said a pres release.

During meeting, CEO apprised the minister that OPPO, leading smart phone manufacturer and innovator, is planning to upgrade it's assembly plant to manufacturing plant in Pakistan.

He further said that the company has set a target to manufacture 5 million mobile phone per annum, adding that the company is optimistic to export locally manufactured sets from Pakistan.

George also highlighted that his company is also aiming to establish research and development center for transfer of technology and skill development of IT professionals in Pakistan.

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Posted on: 2021-09-29T15:15:16+05:00

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