Home Uncategorized What Nigerian government can learn on how China supports “iPhone City” to make it competitive

What Nigerian government can learn on how China supports “iPhone City” to make it competitive

What Nigerian government can learn on how China supports “iPhone City” to make it competitive
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There are many things any government can learn from Chinese government. One of those will of course be building industrial cities and make them global centers of attractions. The “iPhone City” is a case in point.

The key to Apple’s China operation is perks—lots of them. The world’s biggest iPhone factory—capable of producing 500,000 phones a day—is a Foxconn outfit in Zhengzhou, China, dubbed “iPhone City” by locals. In a detailed glimpse  at China’s efforts to lure overseas companies, New York Times reporter David Barboza documents the string of incentives that make iPhone City possible—everything from construction subsidies to recruiting help to bonuses for high production.

The well-choreographed customs routine is part of a hidden bounty of perks, tax breaks and subsidies in China that supports the world’s biggest iPhone factory, according to confidential government records reviewed by The New York Times, as well as more than 100 interviews with factory workers, logistics handlers, truck drivers, tax specialists and current and former Apple executives. The package of sweeteners and incentives, worth billions of dollars, is central to the production of the iPhone, Apple’s best-selling and most profitable product.

Now you can see how China makes cities function. Nigeria, over to you in 2017.

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