A CorrespondentUpdated January 10, 2019
HARIPUR: Federal minister for Information Technology Dr Khalid Maqbool Siddiqui has said the government considers the Telephone Industries of Pakistan to be an important national asset and therefore, it will revive it as a profit making unit.
The minister told reporters during a visit to the TIP premises here on Wednesday that the TIP had state-of-the-art infrastructure, which would be used to meet the country’s needs for telephones, mobile phones and energy meters.
He said his visit was meant to find out ways and means to revive the TIP, develop production plan and learn about the current and future market trends.
The minister said the execution of the China-Pakistan Economic Corridor project had increased the chances of the TIP’s revival and therefore, the government would utilize its all possible resources to revitalize that sick unit.
He said he would discuss with federal minister for energy Omar Ayub Khan the use of the TIP’s energy meters by the Wapda.
The minister said the factors, which turned the TIP into a non-productive industrial unit, would be properly assessed, while its trained manpower would be engaged for future projects on priority basis. He also promised the creation of new job opportunities.
TIP managing director Taimur Khan earlier briefed the minister about the facility’s production, liabilities and future potential.