Transsion plans phone component manufacturing in Pakistan
Finance Minister Muhammad Aurangzeb met Transsion founder George Zhu as the Tecno and Infinix parent set out plans to move beyond assembly into parts.
Finance Minister Muhammad Aurangzeb met George Zhu, founder and chairman of Transsion Holdings, and his delegation to discuss the Chinese group's operations in Pakistan, its future investment plans and its interest in moving from smartphone assembly into component manufacturing, the Finance Division said on Friday, in an account carried by Business Recorder.
Transsion owns the Tecno and Infinix phone brands. In Pakistan it works through Transsion Tecno Electronics, a CPEC-based assembly unit run as a China-Pakistan joint venture.
The Finance Division said the company described a local presence that also covers electric bikes and energy storage, and set out plans to add component production and deeper localisation, with supporting industries and local supply chains built around it. Neither side disclosed an investment amount.
Aurangzeb said steady macroeconomic conditions give investors a basis for long-term planning. He restated the government's commitment to its reform programme and argued that export-oriented growth, more value addition and closer integration into global supply chains would improve Pakistan's competitiveness.
The two sides discussed positioning Pakistan as a manufacturing and export hub, with the company pointing to the use of Pakistani capacity to serve markets abroad.
Transsion called Pakistan a strategic market, citing its large domestic consumer base, its location and its business environment as factors behind its long-term plans.
Aurangzeb encouraged the company to keep engaging with the relevant government institutions to explore further investment and expansion in Pakistan. ProPakistani reported that the Tecno and Infinix owner wants to begin making phone parts in the country.
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