Thai navy signs Bt13.5-bn deal for Chinese submarine
The Royal Thai Navy on Friday signed a Bt13.5-billion deal to buy the first Chinese-made submarine from state-owned China Shipbuilding and Offshore International (CSOC) in Beijing, marking the start of a programme to buy a total of three submarines.
The signing ceremony was attended by senior Thai and Chinese officials, with the Thai delegation led by Admiral Leuchai Ruddit.
Leuchai said both Thai and Chinese officials had approved details of the contract which had already been examined by Thailand’s Office of the Attorney-General. He said the Office of the Auditor-General (OAG) had also green-lighted the contract signing.
Earlier, the OAG said it would take a week to vet the contract and procurement process.
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