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Joint venture signed to establish chromebook assembly line in Pakistan

Joint venture signed to establish chromebook assembly line in Pakistan
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June 25, 2024 (MLN): In a major breakthrough, NRTC Pakistan, Allied Australian, and Tech Valley Pakistan signed a letter of understanding (LoU) at the Ministry of Federal Education, paving the way for a groundbreaking joint venture to establish a state-of-the-art Chromebook assembly line in Pakistan.

The signing ceremony, held in the presence of Dr. Khalid Maqbool Siddiqi and other senior officials, marked a significant milestone in the country's technological advancement.

The joint venture aims to harness the expertise, technology, and market insights of each party to establish a world-class assembly line at NRTC, Haripur, KP, Pakistan, subject to necessary regulatory approvals and infrastructure availability.

The partnership is expected to boost Pakistan's technology sector, create new opportunities for economic growth, and generate employment.

The assembly line will have an initial production capacity of 500,000 Chromebooks per year, which will be scaled up to one million per year.

The formal Memorandum of Understanding (MoU) will define the roles and responsibilities of each party, to be finalized later.

This collaboration has the potential to transform Pakistan into a hub for technology manufacturing and innovation in the region, and the signing of the LoU marks a significant step towards achieving this goal.

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Posted on: 2024-06-25T17:12:11+05:00