Indonesia buys second batch of South Korean submarines
As expected, the Indonesian Navy (TNI-AL) turned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) to help build a second batch of three Type 209/1400 diesel-electric submarines.
According to the Defense Acquisition Program Administration (DAPA) of South Korea, a contract worth $1.02 billion was signed in Bandung, Indonesia on 12 April. Seoul is providing a loan via the Export-Import Bank of South Korea.
DAPA chief Wang Jung-hong commented, ‘We believe it is meaningful that the two countries again carried out this mutually beneficial defence cooperation project. The [Seoul] government will actively support the smooth implementation of the project.’
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