Samsung mobile phones production to start with investment of $15 million in Pakistan

Samsung mobile phones production to start with investment of $15 million in Pakistan

KARACHI: Lucky Motor Corporation Limited will start production of Samsung mobile phones with initial investment of $15 million in Pakistan.

Abdul Razak Dawood, Advisor to Prime Minister for commerce and Investment disclosed this on Saturday.

“I congratulate Lucky Group on partnering with Samsung Electronics. … to set up a mobile phone assembly plant with an initial investment of $15 million. It will create jobs.”

He said that this is the result of our mobile manufacturing policy. And a clear vindication of our ‘Make in Pakistan’ initiative.

The company issued a statement and announced production of Samsung mobile phones.

The company is manufacturing and assembly of motor vehicles. It is assembling KIA and Peugeot branded motor vehicles.

The company recently entered into an agreement with Samsung Gulf Electronics Co. FZE (Samsung) for producing Samsung branded Mobile Devices in Pakistan.

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