Karachi Naval Dockyard will get Rs 2300 mln for upgradation

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ISLAMABAD, June 3 (APP): The government on Friday earmarked Rs 2300 mln in the Public Sector Development Programme (2016-17) for different ongoing schemes of the Defence Production Division to upgrade the Karachi Naval Dockyard, equipping it with state of the art facilities to handle all kind of ships and submarines in a more professional manner.
According to the PSDP, the schemes approved by the Central Development Working Party (CDWP) on March 30, 2016, are being executed at an estimated cost of Rs 9,819 million witout any foreign financial assistance.
Under the projects, the dockyard would be equipped with the ship lift, transfer system, associated machinery, equipment to provide docking and repair facilities to surface ships, submarines and commercial vessels of upto 7,781 tonnage.