ISLAMABAD — The Special Investment Facilitation Council (SIFC) has held talks with Transsion Holdings, the Chinese parent company of Tecno and Infinix, on expanding its business and bringing more Chinese investment to Pakistan. SIFC met Transsion Chairman George Zhu and TECNO Group CEO Aamir Allawala to discuss business expansion, new investment opportunities and industrial partnerships in the country.
The council said it will provide institutional support and facilitation to both companies as they look to grow their operations in Pakistan. No investment amount, new project or timeline was announced after the meeting. Follows Talks With Finance Minister The SIFC engagement follows Zhu’s meeting with Finance Minister Muhammad Aurangzeb in Islamabad on November 13, where Transsion outlined plans to start making phone parts in Pakistan instead of only assembling devices.
According to the Finance Division, the company also briefed the minister on its local operations in smartphones, electric bikes and energy storage, and discussed using Pakistan as a manufacturing and export base. The company said deeper local manufacturing could open opportunities for Pakistani suppliers and businesses. Transsion has also been expanding beyond phones in Pakistan.
In September, it partnered with easypaisa to integrate digital financial services into its smartphones.