The Royal Thai Navy has chosen a South Korean naval ship manufacturer to build a new frigate that will cost about 13 billion baht.
An RTN selection committee announced on Friday it had chosen Daewoo Shipbuilding and Marine Engineering to manufacture the frigate, a navy source said.
The company was one of the last two South Korean firms to enter the final round of the bid organised by the RTN panel.
The other three foreign firms ousted from the previous rounds were from Spain, Italy and China.
RTN chief of staff Chakchai Phucharoenyot, who chaired the panel, said Daewoo Shipbuilding and Marine Engineering was selected because it had proposed specifications for the frigate that were in line with the navy's demands.
The navy also asked the company to manufacture a Combat Management System (CMS) which can be allied to the systems installed in the frigates HTMS Naresuan and HTMS Taksin, he said.
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