Three mobile phone companies to set up manufacturing plants in Pakistan
ISLAMABAD: As the government has introduced tax incentives for assembling/manufacturing of mobile phones through the recently issued presidential order, at least three new mobile phone companies have shown interest in setting up their plants in Pakistan. The government had recently promulgated an ordinance abolishing withholding tax on locally manufactured mobile sets. The step was taken to encourage the assembling and manufacturing of mobile phone parts in the country. “Three new entrants have submitted applications for establishment of manufacturing units in the country,” said an offici...