Jakarta (VNA) - Indonesia is planning to renegotiate aprogramme with the Republic of Korea to develop the Korean FighterXperiment/Indonesia Fighter Xperiment (KFX/IFX) aircraft that was signed in2016.
According to Brigadier General Totok Sugiharto, officialspokesman of the Indonesian Ministry of Defence, the renegotiation isnecessary to review the technological benefits that Indonesia is attainingthrough the programme.
“The renegotiation is necessary to make clear Indonesia’sgain from the programme as the project is financed with funds from the statebudget,” Sugiharto said.
RoK Ambassador to Indonesia Kim Chang-beom said he has not yet received an officialnotice from the Indonesian side on this issue, saying that this is a long-term cooperationplan between the two countries which aims to help Indonesia become self-reliantin defence industry.
In January 2016, the Korea Aerospace Industries (KAI) announced that Indonesiasigned an agreement worth 1.3 billion USD with the RoK to jointly develop the KFX/IFXaircraft.
Under the agreement, Indonesia is committed to pay for 20percent of the total development costs of the KFX/IFX, which are estimated atabout 8 billion USD. The RoK government will pay for 60 percent of thedevelopment programme, with the prime contractor KAI covering the remaining 20 percent.-VNA
According to Brigadier General Totok Sugiharto, officialspokesman of the Indonesian Ministry of Defence, the renegotiation isnecessary to review the technological benefits that Indonesia is attainingthrough the programme.
“The renegotiation is necessary to make clear Indonesia’sgain from the programme as the project is financed with funds from the statebudget,” Sugiharto said.
RoK Ambassador to Indonesia Kim Chang-beom said he has not yet received an officialnotice from the Indonesian side on this issue, saying that this is a long-term cooperationplan between the two countries which aims to help Indonesia become self-reliantin defence industry.
In January 2016, the Korea Aerospace Industries (KAI) announced that Indonesiasigned an agreement worth 1.3 billion USD with the RoK to jointly develop the KFX/IFXaircraft.
Under the agreement, Indonesia is committed to pay for 20percent of the total development costs of the KFX/IFX, which are estimated atabout 8 billion USD. The RoK government will pay for 60 percent of thedevelopment programme, with the prime contractor KAI covering the remaining 20 percent.-VNA
VNA