CONTENT PREVIEW
Sea Platforms

Bangladesh reported to have signed submarine deal with China

23 December 2013

Bangladesh has concluded an agreement with China to purchase two Type 035G Ming-class diesel-electric submarines, a Dhaka-based news agency reported on 21 December.

The deal, said the New Age newspaper, is valued at BTD16 billion (USD206 million) and will call for the submarines to be delivered to the Bangladesh Navy by 2019.

Citing unidentified government officials, the newspaper said the procurement project is awaiting approval from the Ministry of Finance and that funds for the purchase will be sourced from state budgets in fiscal years 2013-14 until 2017-18.

COMMENT

IHS Jane's was unable to contact a spokesman at the Bangladesh Ministry of Defence to confirm the report.



(107 of 373 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT