New Policy Ready to Make Phones and Tracking Devices in Pakistan

In practice, the federal administration is preparing a Produced in Pakistan policy to encourage local manufacturing of mobile phones, laptops and a broad set of other electronic devices, with tax incentives proposed for manufacturers.

Key points

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• Pakistan at present imports more than $422.3 million worth of electronic devices annually.
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• Under the proposed policy, Pakistan would additionally promote domestic production of signal boosters, dongles, biometric machines, POS machines, tracking systems and smartwatches.
• The administration has drafted the policy to reduce Pakistan's import bill for electronic devices and expand the country's manufacturing base.

Under the proposed policy, Pakistan would additionally promote domestic production of signal boosters, dongles, biometric machines, POS machines, tracking systems and smartwatches. PTA Phone Installment Intends Still Missing Months After Budget Announcement.

For context, the administration has drafted the policy to reduce Pakistan's import bill for electronic devices and expand the country's manufacturing base. Nevertheless, implementation has been delayed as the policy is yet to receive final approval.

Notably, the proposal includes tax exemptions on raw materials applied to manufacture electronic devices in Pakistan. It additionally suggests imposing a levy of up to 5 percent on imported electronic products to encourage local production.

For context, the administration additionally intends to facilitate access to industrial inputs and heavy machinery needed to establish and expand electronics manufacturing facilities.

Pakistan at present imports more than $422.3 million worth of electronic devices annually. The administration expects local manufacturing to reduce the import burden alongside creating a local electronics industry. Stay Connected with ProPakistani.

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Taken together, the developments around new Policy Ready to Make Phones and Tracking Devices in Pakistan point to a situation that is still moving, and the coming days should bring more clarity.