CHINA-THAILAND: PURCHASE OF CHINESE SUBMARINES
The Royal Thai Navy Commander-in-Chief Adm Kraisorn Chansuwanit said on July 2, 2015, that the Royal Thai Navy has decided to buy three submarines from China in a government-to-government contract worth Bt36 billion. The Bangkok Post reported on June 26 that the majority of the 17-strong Government Cabinet Committee had selected Chinese submarines costing 12 billion baht saying it was the “best value for money.” Germany and South Korea had also offered submarines. |