Menu

  • Home
  • Business News
  • Startup News
  • About
  • Contact
  • Media Pack

Industry

  • Agriculture
  • Automobile
  • Aviation
  • Banking & Finance
  • E-commerce
  • Education
  • Energy
  • FinTech
  • Government
  • Healthcare
  • Hospitality
  • Industrial
  • Information Technology
  • Logistics
  • Real Estate
  • Retail & Consumer
  • Sports
  • Telecom
  • Textile
  • Tourism
  • Trade

Follow Us

CEO Times
No Result
View All Result
Tuesday, February 7, 2023
17 °c
Lahore
18 ° Wed
20 ° Thu
19 ° Fri
20 ° Sat
CEO Times
No Result
View All Result
Home Sector Information Technology

Pakistan looks to set up semiconductors zone

8 February 2022
in Information Technology
Reading Time: 3 mins read
Semiconductor Zone

In an interview, Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain said that Pakistan has proposed an ambitious plan to build a semiconductors zone with China’s help, converting Pakistan to self-sufficiency in modern gadgets and opening new avenues for development.

He stated that during Prime Minister Imran Khan’s visit, they talked about bringing the semiconductor sector to Pakistan and how vital this technology was not just for Pakistan but also for China.

“We want Chinese technology companies to come to Pakistan and turn it into a semiconductor manufacturing hub,” the minister continued.

It should be noted that the Federal Minister for Information and Broadcasting also served as the Federal Minister for Science and Technology, and during that time, he signed numerous memorandums of understanding and agreements on semiconductor technology, as well as collaborating with China to train Pakistanis in semiconductor technology.

“We’d also like to start designing semiconductors in Pakistan.” I’m delighted to inform you that Chinese investors are eager to collaborate with Pakistan, and the technological zone will be transformed into a semiconductor zone,” he stated.

Chaudhry Fawad went on to say that there was a lot of room for cooperation in science and technology between the two countries and that while mobile phones are presently constructed in Pakistan, they would like to go a step further and establish full-fledged manufacturing.

He stated that bilateral cooperation in the area of health-related types of equipment had increased, which was also very important, and that they were importing everything linked to this area in the first few months of COVID-19, but that Pakistan is now a big exporter of health material.

“We have achieved a significant milestone in a short period of time, and the health sector is now willing to collaborate.” Pakistan boasts skilled labor at a lower cost, as well as a large market. We expect that Chinese tech businesses will team up with Pakistani enterprises to join our technology zone and that we will be able to expand our collaboration in these areas,” he said.

He hoped that after the Prime Minister of Pakistan’s visit, many Chinese technology businesses would come to Pakistan because Semi-Conductor was a vital ingredient of every technology, which would assist add value to local manufacturing products.

Prime Minister Imran Khan met with CEOs of China’s largest technological enterprises during his visit, and the two sides agreed to strengthen cooperation in software development, information and communication technology, medical diagnostics, and other related fields.

Source: Mettis Global

Related Posts

Wikipedia Logo

PTA to block Wikipedia if blasphemous content is not removed

3 February 2023
Tanveer Karamat

Tanveer Karamat appointed as CEO of Octopus Digital

26 January 2023
PITB Logo

PITB announces 6 new non-official members

20 January 2023
State Bank of Pakistan (SBP)

SBP allows IT exporters to retain 35% earnings in foreign current accounts

16 January 2023
Next Post
UBL

UBL Wants to Acquire Telenor Microfinance Bank

Copyright © 2022 by CEO Times.

  • Privacy Policy
  • Terms & Conditions
  • Sitemap

No Result
View All Result
  • Home
  • Business News
  • Startup News
  • About
  • Contact
  • Media Pack

Copyright © 2022 CEO Times - All Rights Reserved.

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00