In a bid to pursue self-sufficiency in gadget manufacturing and open up new avenues of development, Pakistan has come up with an ambitious plan to build a semiconductor zone with the help of China.
Federal Minister of Information and Broadcasting Chaudhry Fawad Hussain disclosed this in an interview.
He said that during Prime Minister Imran Khan’s visit to the neighboring country, the two sides discussed transferring the semiconductor industry to Pakistan as it was beneficial for both.
“We want Chinese technology companies to come to Pakistan and make Pakistan a hub for semiconductor manufacturing,” he added.
It should be mentioned here that Chaudhry previously held the position of Federal Minister of Science and Technology. During his tenure, he signed many Memorandums of Understanding (MoU) and semiconductor agreements and also worked with China to train Pakistanis in the sector.
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“We would also like to start semiconductor design in Pakistan. I am very happy to tell you that Chinese investors are very keen to partner with Pakistan and the technology zone will be converted into a semiconductor zone,” said the minister.
He said there is a vast scientific and technological field in which the two countries can cooperate.
He pointed out that cell phones are now being assembled in Pakistan, but they would like to go further and start full-fledged manufacturing of cell phones in Pakistan.
He added that bilateral cooperation has intensified in the health-related equipment sector. During the first months of the Covid-19 pandemic, Pakistan imported everything related to this sector, but it is now a major exporter, he added.
“It’s an important step that we have taken in a short time and now the health sector is open to collaboration. Pakistan has a skilled workforce, cheaper labor and a huge market. We hope Chinese technology companies will partner with Pakistan to join our technology zone, and we will be able to develop greater cooperation in these sectors,” Chaudhry said.
He hopes that many Chinese tech companies will come to Pakistan after the PM’s visit, as semiconductors are at the heart of every gadget, which would help add value to the local manufacturing industry.
It should be noted that during his visit, Prime Minister Imran held a series of meetings with the leaders of major Chinese technology companies, and the two sides agreed to strengthen cooperation in software development, information and communication, medical diagnostics and other related sectors.