Date: Sep 04, 2015
By: William Lowther / Staff reporter in WASHINGTON
Some US experts say the Ministry of National Defense is not asking for enough money to pay for the design phase of the nation’s indigenous submarine project.
“The submarine business is expensive,” US-Taiwan Business Council president Rupert Hammond-Chambers said.
Earlier this week, the ministry submitted a budget proposal of NT$2.9 billion (US$88.5 million) to the Legislative Yuan to cover the four-year design program.
The construction phase will be a second budget. [FULL STORY]