Navy torpedoes Bt7.6-billion submarine project

WEDNESDAY, MARCH 14, 2012
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Navy chief Admiral Surasak Runroengrom conceded yesterday the Navy would no longer push for the purchase of four used submarines with a Bt7.6 billion price tag from Germany.

“The deadline for purchase passed on February 29, and the Navy will not seek to keep the buying option,” he said.

Surasak said the Navy had done its best but failed to push through plans for the deployment of the submarines.
Following a series of reviews, Defence Minister Sukampol Suwannathat reportedly finalised his decision to scuttle the project. He has yet to instruct the Navy on whether to come up with a spending plan for new submarines.