Date: Jul 09, 2017
By: Aaron Tu and Jake Chung / Staff reporter, with staff writer
Bidding to supply the frame of the navy’s new amphibious assault ship, priced at NT$3.6 billion (US$117.6 million), is to take place tomorrow, military sources said.
The first bidding in April failed to attract offers due to the low overall budget, sources said.
Despite minor revisions, the amount of allotted funding has not changed, the Ministry of National Defense said.
The project, codenamed Hong Yun, is to receive NT$6.2 billion in funding starting in 2021, of which NT$3.6 billion is allotted for the frame while the remaining funds are to be used for weapon and technical support systems, sources said. [FULL STORY]