Prime Minister Imran Khan chaired a meeting on the implementation of the Mobile device manufacturing policy. A detailed briefing was given in the meeting regarding the implementation of the Mobile Device Manufacturing Policy by the Ministry of Industrial Production.
The meeting was informed that Pakistan is a huge market in terms of Mobile Phones with about 40 million mobile phones purchased annually in the country. The meeting was also informed that after the implementation of the Device Identification Registration and Blocking System (DIRBS), mobile phone smuggling has come to an end due to which the duty revenue has increased from Rs. 22 billion to Rs. 54 billion.
It was further informed that after the implementation of this system, many international companies are now showing interest in manufacturing mobile phones locally in Pakistan.
The Prime Minister said that our aim is to increase industrial production in the country. He directed that obstacles to foreign investment and industrialization should be removed and all possible facilities to promote local manufacturing and assembling should be ensured.
He said that development in the industrial sector would increase the country’s income and provide better employment opportunities to the people.
Minister for Industrial Production Hamad Azhar, Trade Adviser Abdul Razzaq Dawood, Finance Adviser Abdul Hafeez Sheikh, Advisor on Institutional Reforms Dr. Ishrat Hussain, Special Assistant Dr. Waqar Masood, Board of Investment (BOI) Chairman Atif Bukhari, Federal Board of Revenue (FBR) Chairman Javed Ghani, Pakistan Telecommunication Authority (PTA) Chairman Major Retired Amir Azeem Bajwa, and other senior officials also attended the meeting.