ISLAMABAD, June 11 (APP): Defence Production Division has been allocated Rs 1700.0 million under Public Sector Development Program (PSDP) for the fiscal year 2019-20.
According to the budgetary document released here today, all two ongoing schemes will be continued under the allocated budget. Rs 700.0 million has been allocated for Infrastructure Up gradation of Karachi Shipyard and Engineering Works (KSEW) and Rs 1000.0 million allocated for installation of Ship Lift and Transfer System and Machinery and Equipment for docking and repair facilities.
However, no new scheme has been added in PSDP for Defence Production Division for the next fiscal year.
Source VNS Islamabad
