The meeting was told that HIT has the capacity to build 50 tanks, 50 Armed Personnel Vehicles (APC), and overhauling of 100 tanks per year. “HIT prepares tank with the cost of $30 million, whereas the price of Korean tank is $12 million. But the technical performance of Al-Khalid Tank is far better than the Korean one,” the committee was told. The committee was also told that the HIT has a capacity of 50 tanks per year but they are making 18 tanks on average due to budget constraints. The committee was further told that HIT is not entitled to commercial activity on its own.

Source: Pakistan Today November 30, 2017 17:26 UTC