Earlier this week, Hammad Azhar, The Pakistani Federal Minister for Industries announced that Vivo will be setting up a smartphone manufacturing facility in the country and has already purchased land to build the facility.

Vivo

In a tweet, the minister also added that the “International Smart Phone Brand VIVO has decided to establish a smart phone manufacturing facility in Pakistan. Land purchased. Deployment of DIRBS eliminated smuggled phones. It was followed up by Mobile Manufacturing Policy. Revenues already doubled and now local manufacturing taking off. ” The new facility will be set up in Faisalabad, as per a GeoNews report.

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The agreement between the Chinese tech giant and the Pakistani government was signed just last month. Furthermore, the previous week even had the Minister for Industries Mian Aslam Iqbal chair a ceremony to sign an agreement for setting up a smartphone manufacturing plant in the M-3 Industrial Estate Faisalabad through bilateral collaboration. Duam Tai Ping, Vice President of Vivo, and Zhang bin, Director of Manufacturing, signed the agreement at the Faisalabad Industrial Estate Development & Management Company (FIEDMC) office.

This agreement even had the company start with an initial investment of 10 million US Dollars. The meeting also had the FIEDMC CEO Aamer Saleemi attending. The move from Vivo is also likely to be an effort from the company to grow its presence in the region. So stay tuned for more, as we will be providing more updates when additional information is available.

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