The construction of the state of the art Missile Craft is a Pak-China joint venture. Under the contract, one craft each would be constructed in Pakistan and China.
Speaking on the occasion, the chief guest said that execution of many projects and joint ventures is a reflection of ever increasing cooperation between Pakistan and China. Keel laying of the missile craft today is a step forward in this direction.
He apprised that the missile being built in China has already been launched on September 20, 2011 and is expected to be delivered to Pakistan in April 2012. He hoped that successful completion of this project will pave way for more projects to be undertaken in future.
Congratulating the construction team, the chief guest said that these missile crafts will bolster maritime defense of Pakistan.
He expressed his confidence that Karachi Shipyard along with Chinese technical assistance team will make relentless efforts for timely accomplishment of this project.
Apprising the audience about the characteristics of the craft, the Managing Director of KSEW Rear Admiral Hassan Nasir Shah said that the craft has a maximum speed of 30 knots and is propelled by 4 diesel engines. It would also be equipped with latest weapons and sensors.
The ceremony was attended by senior naval officers, engineers and technicians of Chinese and Karachi shipyard
