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In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens. [1] In 2015, Haier invested $5 million to establish a mobile phone assembly plant in Lahore, which would annually manufacture over 1.5 million cellphones for the Pakistani market. [3] In 2017, Haier established a plant to assemble laptops in Pakistan. [4]
Haier was founded as Qingdao Refrigerator Co. in 1984. With China opening up to world markets, foreign corporations began searching for partnerships in China. One of these, Germany's refrigerator company Liebherr, entered into a joint-venture contract with Qingdao Refrigerator Co., offering technology and equipment to its Chinese counterpart.
This page was last edited on 3 November 2016, at 18:00 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Pak Elektron Ltd (PEL) was founded in 1956 through a technical collaboration with AEG.In 1978, PEL was acquired by Saigol Group and was taken public a decade later. In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan.
Before this agreement, the United States had held a monopoly over the factory spaces, since the Caribbean Basin Economic Recovery Act of 1983-1995, allowed for one-way free trade benefits on most products entering the U.S. from the Caribbean. [20]
This page was last edited on 25 November 2019, at 03:23 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Islampura is a residential neighborhood and a Union Council located in Data Gunj Bakhsh Zone, Lahore, Punjab, Pakistan. [1] [2] [3] It is primarily a residential area located adjacent to the Punjab Secretariat. Its postal code is 54000.
Expo Centre Lahore (Urdu: نُمَائِش گاہ لاہور) is a 4,000-square-metre (43,000 sq ft) convention center located in Lahore, Punjab, Pakistan. [1] Designed by joint venture of National Engineering Services Pakistan (NESPAK) and Nayyar Ali Dada & Associates, the convention center is located in Johar Town at the corner of Abdul Haque Road and Shahrah Nazaria-e-Pakistan.