RM6 bil for six patrol vessels
Published: Feb 5, 2011 11:17 AM | Updated: Feb 5, 2011 11:30 AM
The government has agreed to allocate RM6 billion to build six second generation patrol vessels for the Royal Malaysian Navy, Defence Minister Ahmad Zahid Hamidi said today.
The government has agreed to allocate RM6 billion to build six second generation patrol vessels for the Royal Malaysian Navy, Defence Minister Ahmad Zahid Hamidi said today.
The construction of the ships will boost the economy while benefiting 632 vendor companies, he told reporters after a briefing on the project in Lumut.
"Thus, we will ensure that at least RM2 billion of the allocation will benefit these vendor companies, which are strategic partners of Boustead Naval Shipyard Sdn Bhd," he added.
Ahmad Zahid (left) said he himself would monitor the progress of the project, due to start next year, and ensure that all concerned benefitted from it and that there was no delay in paying the vendors.
Boustead Naval Shipyard had constructed several new generation vessels for the RMN and shown itself to be on par with other ship builders in the world.
Ahmad Zahid also said the Lumut-Bagan Datoh coastal area has been identified for a world-class shipyard to be developed over the next 10 to 20 years.
The defence industry, including shipping, had immense potential in the Asean region and now generated income of US$25 billion a year.
If Malaysia could attract at least 20 percent of the defence spending, he said, US$5 billion or RM15 billion could be generated by companies in the country.
Ahmad Zahid added that the government was now trying to attract more defence industry-based projects, including shipbuilding, to the country.
- Bernama
The construction of the ships will boost the economy while benefiting 632 vendor companies, he told reporters after a briefing on the project in Lumut.
"Thus, we will ensure that at least RM2 billion of the allocation will benefit these vendor companies, which are strategic partners of Boustead Naval Shipyard Sdn Bhd," he added.Ahmad Zahid (left) said he himself would monitor the progress of the project, due to start next year, and ensure that all concerned benefitted from it and that there was no delay in paying the vendors.
Boustead Naval Shipyard had constructed several new generation vessels for the RMN and shown itself to be on par with other ship builders in the world.
Ahmad Zahid also said the Lumut-Bagan Datoh coastal area has been identified for a world-class shipyard to be developed over the next 10 to 20 years.
The defence industry, including shipping, had immense potential in the Asean region and now generated income of US$25 billion a year.If Malaysia could attract at least 20 percent of the defence spending, he said, US$5 billion or RM15 billion could be generated by companies in the country.
Ahmad Zahid added that the government was now trying to attract more defence industry-based projects, including shipbuilding, to the country.
- Bernama
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