With France’s assistance, Indonesia plans to invest heavily in developing its submarine fleet, perhaps ending its long-standing defence alliance with South Korea in that sector.

The Indonesian Ministry of Finance has authorised the Ministry of Defense’s request for US$2,16 billion in foreign loans to finance the submarine acquisition programme, according to this month’s report from the defence resource Janes.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.