Taipei Times
Date: Apr 17, 2017
By: Staff writer, with CNA

A home-grown submarine will cost less than NT$100 billion (US$3.29 billion) to build, according to the local shipbuilder commissioned to plan and design the vessel.

Reports had said that comparable Japanese submarines carried a price tag of NT$100 billion, but the Taiwanese project could be completed for less, CSBC Corp chairman Cheng Wen-lon (鄭文隆) said.

However, Cheng also said that much depends on the Navy’s demands: Planned crew sizes, mission length and strategic and tactical requirements would all determine the eventual size of the submarine.

Nationally developed ships would be crucial to the company’s future operations, Cheng said, pledging to place the company’s best personnel on the program.  [FULL  STORY]