daewoo shipbuilding nears submarineexport deal with indonesia
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Daewoo Shipbuilding nears submarine-export deal with Indonesia

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Arab Today, arab today Daewoo Shipbuilding nears submarine-export deal with Indonesia

Seoul - Yonhap
Daewoo Shipbuilding & Marine Engineering Co. said Monday that it has kicked off exclusive negotiations with the Indonesian government to clinch a 1.2 trillion won (US$1 billion) order to export three submarines. The world's No. 2 shipyard said it is seeking to complete a deal with the Indonesian defense ministry by November to build three 1,400-ton grade submarines. In July, Daewoo Shipbuilding and Marine Engineering was picked among financial candidates, including a French company, to export submarines to Jakarta. Daewoo Shipbuilding said it is also in talks with several Central and South American countries and Southeastern Asian nations to build submarines.
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daewoo shipbuilding nears submarineexport deal with indonesia daewoo shipbuilding nears submarineexport deal with indonesia

 



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