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Title : Indonesia Allocates USD143 Million for Two Naval Hydrographic Vessels
link : Indonesia Allocates USD143 Million for Two Naval Hydrographic Vessels

Indonesia Allocates USD143 Million for Two Naval Hydrographic Vessels

19 Juli 2019

Indonesia has approved an additional sum of IDR2.04 trillion for the country's 2019 defence budget. The funds will be allocated towards the procurement of hydrographic survey vessels that can

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be quickly converted into vessels of opportunity for submarine rescue (photo : Ocea)

The Indonesian Ministry of Finance has approved an additional IDR2.04 trillion (USD143 million) for the country's 2019 defence budget, with a view on accelerating the procurement process for two new hydrographic survey ships that can be swiftly converted into vessels of opportunity (VOO) for submarine rescue operations.

The funds will be added to the country's previously approved 2019 defence budget of IDR108 trillion, according to an official document seen by Jane's on 17 July.

(Jane's)

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