French firm waiting for PH’s final decision on submarine deal

French firm waiting for PH’s final decision on submarine deal

French firm waiting for PH’s final decision on submarine deal

French shipbuilder Naval Group on Thursday stated they’re nonetheless ready for the ultimate determination of the Philippine authorities on its provide to supply its providers for the acquisition of submarines.

“We understand the administration is working on Horizon 3 investment plan, so we are now just waiting for the final decision to start the project and when to start,” Naval Group company gross sales director for Philippines Loic Beaurepaire stated in a media briefing.

Beaurepaire added {that a} financing plan has additionally been supplied to the Philippines for the undertaking.

On Wednesday, Naval Group opened its Philippine Office because the agency expressed its dedication to develop naval capabilities for the nation.

“By opening this Naval Group representative office here in Metro Manila today, we have one wish in mind: provide your navy with the autonomy and capacities that it deserves,” Naval Group govt vp Marie-Laure Bourgeois stated through the inauguration.

French Ambassador Michèle Boccoz stated Naval Group made its first technical and monetary provide to assist the Philippine Navy in establishing its personal submarine pressure in 2020.

In May, President Ferdinand “Bongbong” Marcos Jr. stated the Philippines is planning to amass submarines after the event of its anti-submarine capabilities.

He stated the acquisition “is still part of our plan”, however he stated the nation is in “the middle of developing mostly our anti-submarine capabilities.”

“Yun ang uunahin natin (We will prioritize developing our anti-submarine capabilities first),” Marcos stated.

“And then maybe, hopefully, when the time comes and the conditions are agreeable then we might be able to acquire those submarines,” he added.

Aside from submarines, Naval Group additionally expressed willingness to work on the submarine base of the Philippine Navy in Agila Subic.

“The Philippine Navy has chosen Agila Subic as the location for the submarine base. The location presents amazing strategic advantages, with its deep waters and localisation, and access to a civilian shipyard, which will ensure availability of workforce to sustain the fleet,” the agency stated.

“Naval Group will support the Philippine Navy in designing and retooling the location in Agila Subic to make it a modern Naval Base,” it added. —VAL, GMA Integrated News

Source: www.gmanetwork.com