ISLAMABAD: (APP) Chairman Pakistan Aeronautical Complex (PAC) Kamra Air Marshal Arshad Malik Monday said the organization had saved around $ 1209.2 million by undertaking different projects relating to defence production indigenously.
"Local value of the projects undertaken at PAC, Kamra was 615.567 million USD, but if they were imported, the cost would have raised to greater extent," he said.
Briefing Federal Minister for Defence Production Rana Tanveer Hussain regarding performance and achievements of the PAC Kamra in the fiscal year 2015-16, he said the complex was contributing more than $ 1billion to the national exchequer annually on account of saving by promoting local production.
The meeting held in the Ministry of Defence Production was attended also attended by senior officials of the ministry, according to a press release.
PAC, the chairman said, with the help of highly qualified engineers, hardworking and skilled technicians had shown remarkable achievements in cost saving in the development of indigenous projects.
The minister was given a detailed briefing about working of the constituent factories of PAC including Aircraft Rebuild Factory, Aircraft Manufacturing Factory, Mirage Rebuild Factory and Avionics Production Factory.
Rana Tanveer took keen interest in the briefing and raised several questions to further improve and enhance working of the PAC Kamra .
Sharing achievements of the factories, the chairman said the PAC technicians and engineers were working hard and they had achieved all the goals set for the fiscal year 2015,16.
The minister expressed satisfaction over the progress of JF-17 and Super Mushshak programme.
He praised the professional competence and commitment displayed by PAC personnel in the JF-17 programme and urged them to continue in pursuit of excellence.
The chairman also briefed regarding the importance of vocational training institutes in order to produce properly skilled labour for industries like PAC.
The minister appreciated the idea and elaborated various steps taken by the federal and provincial governments for development of vocational training institutes in the country.
He emphasized on sustainability and upgradation of the existing setups rather than creating new parallel systems.
Rana Tanveer assured that the government would extend full support to promote indigenous production of defence items and their exports.