Mani2020
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Mig-29s did not cost much too, may be around 30-35 million only for a new multi role SMT model. And they operate the same for long and there would not be more ground works to be done. In case JFT, they need all infrastructure & facilities as new.
I read that the competition was between J-10 and Mig-29
They already are operating F-7's and F-6's and the infra-structure can be replaced for jf-17 ,also Jf-17 costs 15million which is far less then mig-29
And not to forget that mig-29 is a twin engine aircraft while jf-17 is a single engine,twin engine is always difficult to maintain specially in the lights of small air-forces who have limited budget and limited infra-structure ,also the additional weapons of F-7's can be used on jf-17's as well ,which is also a plus point.
So jf-17 has 3 advantages over mig-29 in terms of price