Sunday, September 14, 2014
Wah Cantt; Dec 06-Staff Reporter-An MoU was inked between Wah Brass Mill Pvt. Ltd. & M/s. Vitkovic Czech Republic for up-gradation of existing Brass Mill. POF through its commercial window – Wah Industries Ltd. has planned the up-gradation of Brass Mill which will enable an increase production capacity of 24 thousand metric tons from the present costing capacity of 7 thousand metric ton through a more efficient and expanded process.
This project will cater to the local and international military requirement of brass products by the improved quality and the enhanced capacity will help in catering for the domestic requirement of the country on commercial terms. The commercial angle of the project will ensure enough returns to make the projects self-sustainable and will also encourage foreign investment in Pakistan. Mr. Khalid Pervaiz, Managing Director Wah Brass Mill Pvt. Ltd signed MoU from POF side and Maj Gen (R) Josef Dofuk, Chief Executive M/s. Vitkovic from Czech Republic side. Lt Gen Muhammad Ahsan Mahmood, HI(M) Chairman POF Board, Mr. Riaz Ahmed Member POF Board, Syed Naseem Raza Chief Executive Wah Nobel Pvt. Ltd. H.E. Mr. Miroslav Krenek, Ambassador Czech Republic and Col Stanislave Tesarek, Defence Attache, Embassy of Czech Republic participated in the MoU Signing ceremony.
Chairman POF (Pakistan Ordnance Factories) Board while expressing his views on this occasion remarked that this agreement would prove a mile stone towards commercialization through a private public partnership and will help POF in meeting the defence requirement of the country by utilizing the modern technologies. POF Chairman further remarked that according to the agreement, POF would be able to manufacture its products according to the NATO and international standard. It will also help to save foreign exchange and provide job opportunities to the people of Pakistan.
Caption Photo: MoU is being inked between Wah Brass Mill (Pvt) Ltd and M/s Vitkovic
Czech Republic for up-gradation of existing Brass mill.
This project will cater to the local and international military requirement of brass products by the improved quality and the enhanced capacity will help in catering for the domestic requirement of the country on commercial terms. The commercial angle of the project will ensure enough returns to make the projects self-sustainable and will also encourage foreign investment in Pakistan. Mr. Khalid Pervaiz, Managing Director Wah Brass Mill Pvt. Ltd signed MoU from POF side and Maj Gen (R) Josef Dofuk, Chief Executive M/s. Vitkovic from Czech Republic side. Lt Gen Muhammad Ahsan Mahmood, HI(M) Chairman POF Board, Mr. Riaz Ahmed Member POF Board, Syed Naseem Raza Chief Executive Wah Nobel Pvt. Ltd. H.E. Mr. Miroslav Krenek, Ambassador Czech Republic and Col Stanislave Tesarek, Defence Attache, Embassy of Czech Republic participated in the MoU Signing ceremony.
Chairman POF (Pakistan Ordnance Factories) Board while expressing his views on this occasion remarked that this agreement would prove a mile stone towards commercialization through a private public partnership and will help POF in meeting the defence requirement of the country by utilizing the modern technologies. POF Chairman further remarked that according to the agreement, POF would be able to manufacture its products according to the NATO and international standard. It will also help to save foreign exchange and provide job opportunities to the people of Pakistan.
Caption Photo: MoU is being inked between Wah Brass Mill (Pvt) Ltd and M/s Vitkovic
Czech Republic for up-gradation of existing Brass mill.
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