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Production of arms with Germany, Korea soon

November 08, 2006

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WAH, Nov 7: Pakistan will start co-production of arms and ammunition with Germany and Korea by January 2007. This was disclosed by Chairman Pakistan Ordnance Factories (POF) Lt General Syed Sabahat Hussain while talking to journalists after the inaugural session of a two-day seminar on “public-private partnership” here on Tuesday.

He said memoranda of understanding (MoUs) to this effect will be signed during the forthcoming international defence exhibition and seminar (IDEAS) 2006.

He said the POF will keep abreast with the current trends and actively involve the private sector in joint ventures. He said priority will be given to the domestic investors.

He said technologies which were once branded as “hush hush” were now being offered to the POF as joint ventures for co-production and co-marketing.