Pakistan Telecommunication Authority (PTA) has taken a huge leap towards high tech manufacturing in Pakistan and the future of technology.

The authority has given 16 international companies licenses to manufacture their products in Pakistan.

This is a new milestone achieved in Pakistan, just a couple days ago, the nation became the first in Asia to successfully test 5G technology.

This new venture will only bring an investment of billions for the economy, it will help the citizens in affording Smartphones equipped with the latest technology.

From July 2018- March 2019, Pakistan received a total of $200.1mn as an investment in the tech sector. A recent economic survey has revealed that the mobile sector has invested $158.3 million during the first two quarters of the fiscal year 2018-2019.

We have yet to know which 16 companies will be setting up their plants in the country.

What do you think about this investment? Share your thoughts with us in the comments below.

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