By Lee Chi-dong
SEOUL, June 30 (Yonhap) -- South Korea will start the construction of a new 3,000-ton submarine for the Navy, the state arms procurement agency said Friday.
The Defense Acquisition Program Administration (DAPA) said a steel-cutting ceremony for the third submarine in the Jangbogo-III project will be held at the shipyard of Hyundai Heavy Industries in Ulsan, some 414 kilometers southeast of Seoul, later in the day
Under the 10 trillion-won (US$8.7 billion) Jangbogo-III project, South Korea plans to build nine 3,000-ton submarines in three batches with its own technology.
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