By Our Web Desk
Chinese smartphone maker Vivo is planning to set up a manufacturing facility in Pakistan, Pakistan Minister for industries and Production Hammad Azhar said Wednesday.
The smartphone company has already purchased the land for its manufacturing plant, Azhar said in a tweet.
He said the deployment of DIRBS (Device Identification Registration and Blocking System) had curbed smuggling of phones in Pakistan. “It was followed up by [the] Mobile Manufacturing Policy.”
On November 28, top VIVO officials had signed an agreement to set up the smartphone manufacturing plant in Faisalabad.
The company will initially invest $10 million in Pakistan, according to the agreement.