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Thailand : CHINESE Submarine Purchase Plan to be re-work by Thailand
Publish Date : 09-Oct-2015
Funding pattern for the purchase of three Chinese submarines will be reworked by the Thai Navy and will be resubmit the proposal to the cabinet for approval.
The purchase proposal was on the cabinet agenda previous week however withdrawn amid a report the Defence Ministry wanted the navy to spread payments for the submarines over 10 years rather than seven.
Thai Defence Minister Prawit Wongsuwon rejected reports that the navy's submarine procurement project was being suspended or stalled.
Gen Prawit said that he had asked the navy, which plans to buy three Chinese submarines valued at 36 billion baht, to rework its funding plan. The proposal would be submitted to the cabinet for consideration "when the time is right".
There were reports previous week that Thailand might favour frigates in place of submarines. Recently selected Royal Thai Navy Chief, Admiral Na Areenij had said that the navy would propose an alternative if the submarine plan was stalled or cancelled. Local media interpreted this to mean that that the navy would propose the purchase of frigates.
