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CNBC February 23, 2023
Waiting for Realisation of Indonesia’s Submarine Program
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DefenceSummary
In his latest article published by CNBC Indonesia, our defence expert, Alman Helvas Ali, highlighted that the fiscal year of 2023-2024 is a critical period for Indonesia’s defence modernisation programme as President Joko Widodo’s term will end next year. In parallel, the plan to acquire new submarines continues to see strong competition between French company Naval Group and German Company TKMS. M. Ali argues that decision-makers should pay attention to operational considerations but also to take into account the evolution of technology and finally the economic benefits for Indonesia, through a Transfer of Technology (ToT) and the capacities of Indonesian defence industry to absorb the ToT.