Back To List
VIEW ORIGINAL COVERAGE
CNBC April 26, 2022
Naval Group and Indonesian Shipyard Partnership on Submarine Deal
Categories :
DefenceSummary
Two months after the signing of the MoU (Memorandum of Understanding) between Naval Group and PT PAL, Indonesia could expect to benefit from an effective industrial partnership, which should provide major advantages to the State-Owned shipyard and the domestic defence industry. The defined workshare should contribute to financial profit to PT PAL, while providing the opportunity for the company to be directly involved in the construction program and not merely learning by seeing as experienced previously.