Jakarta Approves $ 600 Million Loan Plan for Interim Submarine Program
July 14, 2021
through Ridzwan rahmat
KRI Nagapasa, one of four submarines in service with the Indonesian Navy. The country has approved a plan to get up to $ 600 million in foreign loans to procure at least one second-hand boat as a stopgap while waiting for new submarines. (Juni Kriswanto / AFP via Getty Images)
The Indonesian Ministry of Finance (MoF) has authorized the country to obtain up to $ 600 million in foreign loans to acquire at least one second-hand submarine for the Indonesian Navy (Tentara Nasional Indonesia – Angkatan Laut: TNI-AL ).
Documents provided to
by industry sources indicate that approval has been granted for the Interim Readiness Submarine Class (CIHR) program, which seeks to temporarily fill gaps in TNI-AL’s submarine warfare capabilities with ships withdrawn by other navies while the service waits for the delivery of new ships.
The program calls for a class of submarines that move between 1,800 and 2,800 tonnes. However, the documents consulted by
did not specify the expected number of hulls that will be purchased.
The loan amount approved for IRSC was reached in consultation with the Ministry of Defense (MoD) and the Ministry of National Development Planning (Kementerian Perencanaan Pembangunan Nasional: BAPPENAS).
TNI-AL operates a fleet of four diesel-electric (SSK) submarines comprising three Nagapasa class boats (DSME 209/1400) and one Cakra class SSK (Type 209/1300), KRI
(401). A second Cakra class boat, KRI
(402), sank in the Bali Sea in April 2021, killing everyone on board.
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The Indonesian Ministry of Finance (MoF) has authorized the country to obtain up to $ 600 …