New Policy Ready to Make Phones and Tracking Devices in Pakistan

The federal government of Pakistan is set to introduce a Made in Pakistan policy aimed at boosting the local manufacturing of mobile phones, laptops, and various electronic devices. The policy, which has yet to receive final approval, proposes tax incentives for manufacturers to encourage domestic production of signal boosters, dongles, biometric machines, POS machines, tracking systems, and smartwatches.

The primary objectives of the policy are to decrease Pakistan's import bill for electronic devices and expand the country's manufacturing sector.

A key aspect of the proposal includes tax exemptions on raw materials used in the production of electronic devices within Pakistan. Additionally, the government intends to impose a levy of up to 5 percent on imported electronic products, with the aim of incentivizing local production. To facilitate the establishment and expansion of electronics manufacturing facilities, the government plans to provide access to industrial inputs and heavy machinery.

Currently, Pakistan imports over $422.3 million worth of electronic devices annually. The government anticipates that local manufacturing efforts will not only reduce the import burden but also foster a thriving electronics industry. The proposed policy was outlined in an article titled "New Policy Ready to Make Phones and Tracking Devices in Pakistan," which was published on ProPakistani.