Monday, October 3, 2022

Pakistan seeks to establish semiconductor zone with Chinese help: Fawad

On Saturday, Minister for Information and Broadcasting Chaudhry Fawad said Pakistan had presented a plan to construct a semiconductor zone with China’s cooperation, bringing Pakistan closer to self-sufficiency in modern electronics and offering up new development opportunities.

In an interview with China Economic Net, the federal minister said that during Prime Minister Imran Khan’s visit to Pakistan, they discussed relocating the semiconductor sector to Pakistan because the technology’s role was critical not only for Pakistan but also for China.

He went on to say, “We want Chinese tech businesses to come to Pakistan and make Pakistan a chip manufacturing powerhouse.”

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Fawad also served as the Federal Minister of Science and Technology, during which 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 work with Pakistan, and the technological zone will be transformed into a semiconductor zone,” he said.

Chaudhry Fawad went on to say that there was a wide space in science and technology where the two countries could collaborate and that while mobile phones are now being assembled in Pakistan, they would like to go a step further and start full-fledged mobile phone production in Pakistan.

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

“We have reached a significant milestone in a short amount of time, and the health industry 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 believed that after the Prime Minister of Pakistan’s visit, many Chinese technology companies would come to Pakistan because semi-conductors were a key component of all technologies and would help add value to local manufacturing products.

Imran Khan attended a series of talks with leaders of China’s biggest 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.

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