Pakistan Offers Incentives to Apple for Local iPhone Manufacturing

Pakistan has agreed to provide incentives to American tech giant Apple to start manufacturing iPhones in the country, a media report said Thursday.

Apple has also agreed to refurbish iPhones in Pakistan for re-export under the new framework. 

The government expects $100 million from the re-export of refurbished iPhones in the first year, 

The Media



reported. It said the Apple management had asked for the provision of land at discounted rates, 8 percent performance incentive and plans to repair two to three-year-old iPhones.

"We have included these three conditions in the new proposed Mobile and Electronics Manufacturing Framework to be approved by Prime Minister Shehbaz Sharif," Engineering Development Board CEO Hamad Ali Mansoor told Media.