China will provide six patrol ships to Pakistan for CPEC protection
China will provide six patrol ships to Pakistan for CPEC protection
China will provide six patrol ships to Pakistan for CPEC protection
The agreement was signed between China Ship Trading Company (CSTC) and Pakistan Maritime Security Agency (PMSA) during a ceremony at Ministry of Defence Production (MoDP) in Islamabad yesterday
According to the agreement, four ships will be constructed in China with the remaining two will be built at Karachi’s Shipyard and Engineering Works under Transfer of Technology.
Last year, the Executive Committee of the National Economic Council (Ecnec) approved eight development projects worth Rs157 billion, including two signature projects of the ruling Pakistan Muslim League-N – first phase of Pakistan-China Economic Corridor (PCEC)
The committee had also approved Rs13.87bn for procurement of six maritime patrol vessels for Pakistan Maritime Security Agency.