Chaudhry hopes China will join hands with Pakistan due to its cheaper labour, huge market
BEIJING:
In a bid to pursue self-sufficiency in the manufacturing of gadgets and for opening new developmental avenues, Pakistan has proposed an ambitious plan to build a semiconductor zone with China’s help.
Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain revealed this in an interview.
He said that during Prime Minister Imran Khan’s visit to the neighbouring country, the two sides discussed the shifting of the semiconductors industry to Pakistan as it was beneficial for both.
“We want Chinese tech companies to come to Pakistan and make Pakistan a hub of semiconductors manufacturing," he added.
It is worth mentioning here that Chaudhry previously served as the federal minister for science and technology. During his tenure, he signed many memorandums of understanding (MoUs) and agreements on semiconductors and also collaborated with China to train Pakistanis in the sector.
"We will also like to start semiconductor designing in Pakistan. I am very happy to tell you that Chinese investors are very keen to join hands with Pakistan and the technology zone will be converted into a semiconductor zone," the minister said.
He said that there was a huge area in science and technology where both countries could cooperate.
He pointed out that mobile phones were now being assembled in Pakistan, but they would like to take a step further and start full-fledged manufacturing...
Read Full Story: https://tribune.com.pk/story/2342419/pakistan-aims-to-set-up-semiconductors-zone-with-help-of-china-fawad
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