The JF-17 Thunder jet was rolled out at the Pakistan Aeronautical Complex in Kamra, the country's main facility for building and maintaining combat aircraft.
Speaking to reporters, Prime Minister Yousuf Raza Gilani said the air force would be equipped with the latest technology to tackle militancy.
"We are living in challenging times. The fast changing technology-intensive battle arena requires intense involvement of airpower which has emerged as a major player in conflict scenarios," said Gilani.
According to sources, the Pakistani air force plans to make the first JF-17 squadron officially operational between 2010 to 2012.