13 September 2011

News Story: (Thailand) Ministry scrutiny likely to delay sub deal


The navy is unlikely to meet the Sept 30 deadline set by a German company for the purchase of six second-hand submarines as a review by the Defence Ministry looks set to delay the purchase.

An eight-member panel appointed by Defence Minister Yutthasak Sasiprapa will look into the merits of purchasing the used U-206A submarines at a cost of 7.5 billion baht.

Critics say the deal does not represent value for money.

Read the full story at the Bangkok Post