Pakistan, China sign contract to build frigate
Reference:Pakistan, China sign contract to build frigate

Friday, July 16, 2010ISLAMABAD: Pakistan is going to enter the realm of ship-building as the country is likely to initiate the indigenous production of fast-moving platform for carrying missiles and heavy weaponry in collaboration with China, said Managing Director Karachi Shipyard Admiral Rao Iftikhar on Thursday.Apprising the Special Committee of the Public Accounts Committee, he said the first fast attack craft was being constructed in China while another one would be built in Pakistan that would take two years. Rao Iftikhar said under the contract signed between the two countries, another two such craft would be constructed later.The Karachi Shipyard MD told the committee that the shipyard has earned a profit of Rs 400 million. Rao Iftikhar said Pakistan had also signed a 20-year agreement with China for up-gradation of installations of naval forcesConfirmation of 4 more .. latest I think there was a thread opened a while ago this is an update on that same news