Indonesia Memulai Negosiasi Kontrak untuk Dua Kapal Selam Scorpene Evolved Bila kontrak telah disetujui kedua kapal selam akan sepenuhnya dibangun di fasilitas PT PAL Surabaya dengan asistensi Naval...
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Indonesia Initiates Contract Negotiations for Two Scorpene Evolved Submarines
When the contract is approved, both submarines will be fully built at the PT PAL Surabaya facility with the assistance of the French Naval Group.
Friday, 01-03-2024
TSM-Representatives from the French shipyard Naval Group have arrived in Jakarta to begin contract negotiations for two lithium-ion battery-equipped Scorpene Evolved diesel-electric submarines (SSK).
Separate sources have confirmed that negotiations for the potential contract began at the Indonesian Ministry of Defense (Kemenhan) office on Jalan Medan Merdeka Barat on February 26. The key points of discussion include how the program will be funded if the contract materializes.
As part of its offer, Naval Group has partnered with the French government's Directorate General of Finance to fully finance the program through three sources of loans.
This includes a credit facility with the French Banque publique d'investissement and direct loans from the Directorate General of the Treasury, which will fund up to 85% of the Naval Group's contract portion.
The third loan source, to be arranged with an unspecified private commercial lender, will fund the remaining 15% of the Naval Group's contract portion and up to 100% of the state-owned shipbuilding company PT PAL's portion in the contract.
The submarine procurement contract will involve both companies as part of a technology transfer agreement. Under this agreement, both submarines will be entirely constructed in Surabaya, with construction work on the first submarine scheduled to begin 14 months after the effective date of the contract and after funding sources and initial payments have been secured. (Ridzwan Rahmat)
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