Pakistan, which has relied on French defense suppliers, is buying German-made submarines for the first time, but is still technologically behind its nuclear rival India.
Pakistan has formally agreed to buy three Type 214 German submarines under deal worth more than $1 billion (773.7 million euros) that the two countries are expected to sign within the next few months, according to a media report on Wednesday.
The German shipbuilding company Howaldtswerke-Deutsche Werft GmbH (HDW) will construct the diesel-electric submarines in a shipyard in Pakistan's southern port city of Karachi, Pakistan's English-language daily The News reported.
"The commercial contract has been finalized up to 95 percent," said Walter Freitag, the chief executive officer of the HDW, the largest conventional submarine maker in the world.
Freitag, who was interviewed by the newspaper during a defense products exhibition called IDEAS 2008 in Karachi, said that once the contract is signed, the first submarine would be delivered to the Pakistan navy in 64 months, with the rest delivered in the following 12 months.
For more on this article, please click on the following link: Pakistan to Buy German Submarines: DW
Wednesday, November 26, 2008
Pakistan to Buy German Submarines: DW
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