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Thai Navy ready to explain frigate procurement project
AI In-brief 22 Sept 07:54

Thai Navy ready to explain frigate procurement project

  • The Thai Navy is preparing to submit all relevant information regarding its frigate procurement project to the Finance Ministry’s Appeals Committee to address public doubts.
  • South Korean firm Hanwha Ocean secured the bid with an offer of Bt16.7 billion, which is below the allocated budget, and the Navy assures the project follows established procedures.
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