Senator Waqar Ahmed Khan, has an array of experience and expertise on issues that are vital for Pakistan’s future in Public as well as Social Sector . He has always innovatively worked at the forefront as Chairman WAKGROUP with his team and has proven to be a central Player for both the sectors.
Moving forward with the legacy of his father, Senator Gulzar Ahmed Khan who started this long journey to success in late 1950’s, Senator Waqar Ahmed Khan is refining and redefining the corporate culture of Pakistan by setting unprecedented standards of excellence in service, delivery and consumer satisfaction in shape of WAKGROUP.
Senator Waqar Ahmed Khan – Chairman WAKGROUP
Samsung has collaborated with WAKTECH to manufacture the home appliances in Pakistan. The subsidiary of WAK group has joined with Samsung Pakistan to lay the foundation for the assembly plant of home appliances in the Sundar Industrial Estate. Both leading companies will manufacture a huge array of home appliances by using the advance technology efficiently.
The products manufactures by Samsung Pakistan will range from cooking appliances and refrigerators to air conditioners, vacuum cleaners and the list goes on. With the growth in electronics industry and population, the demand for consumer electronic items has increased many times. People now demand more advanced and automatic items instead of traditional ones. Moreover, Pakistan is the most favorable market for the vendors because of strong roots of Chinese and smuggled items.
The man behind this collaboration of biggest giant of South Korea Samsung and WAKTECH is the chairman of WAK Group, Senator Waqar Ahmed Khan. By initiating this effort, he is not merely bringing advancement in technology but also increasing the chances of employment opportunities for people. The manufactured products will also be exported to the Middle East countries ensuring strong business and economic terms. Thus he is keeping up his words of making Pakistan economically stable.
Senator Waqar Ahmed Khan stated in an exclusive interview with Business Recorder that a wrong notion was created in a section of press in Pakistan that Samsung was reluctant to invest in Pakistan. This initiative is not merely confined to production of products but Samsung goes further into a research and development agreement with WAKTECH. This step goes beyond just binding efforts of two dynamic conglomerates as it will welcome the long term and healthy relationship. Cost effective and energy saving products will also compensate with energy crisis in Pakistan.
The chairman of WakTECH Senator Waqar Ahmed Khan revealed that the biggest South Korean Electronics Company Samsung has decided to manufacture most of its products in Pakistan. He told Business Recorder in an exclusive interview that this decision has been taken in collaboration with its Pakistani Partner WAKTECH. WAKTECH and Samsung will jointly manufacture a wide array of electronic gadgets and smart phones with the utilization of advanced technology.
He added that the major plant of Samsung-WAKTECH is under construction whose foundation was laid on 16th October. The vice president of Samsung Koo Choi attended the ground breaking ceremony of Samsung and WAKTECH plant. It was told that production of major appliances and products will be operational by February 2017. After China, Pakistan is the second country to manufacture all products of Samsung under the franchise. Besides manufacturing the products, Samsung will also be the part of research and development agreement of WAKTECH.
According the chairman of WAKGroup, there are more than five hundred Samsung smart phone dealers in Pakistan who deal in the distribution of Samsung of China. He states that with collaboration of WAKTECH we’ll have complete technology from South Korea. We’ll not only market our products in Pakistan but also export them to Middle East Countries.
It is quite obvious that Senator Waqar Ahmed Khan is looking to establish a long term relationship with the Samsung. His efforts are not merely limited to production and marketing of electronic products but he also aims to establish biggest oil refinery for which he will be exchanging ideas with China, South Korea and other countries.
This collaboration of two dynamic companies will open doors of opportunities for locals as well as at international level. This joint venture will not only give a boost to technological advancement but also bring employment opportunities to the people.
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