Navy to obtain first littoral fight ship in 2025, says Hisham

0
9
Sponsored:

KUALA LUMPUR: The Royal Malaysian Navy will obtain its first littoral fight ship (LCS) in 2025, says Defence Minister Datuk Seri Hishammuddin Hussein.

The minister stated he took an inclusive strategy by partaking with all of the stakeholders akin to Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Bhd to handle the problems within the procurement of the LCS.

He stated the settlement initiatives outlined two essential parts, specifically, company restructuring and fund elevating, which additionally concerned discussions with the Ministry of Finance and the Financial Planning Unit within the Prime Minister’s Division.

“At the moment, the Defence Ministry is within the last levels of the negotiation to organize the restoration plan. The workshops involving all of the stakeholders for the LCS restoration plan have been additionally held to make sure complete restoration suggestions earlier than bringing these up once more to the Cupboard for approval and additional motion,” he stated when winding up the talk on the Provide Invoice 2022 on the coverage stage within the Dewan Rakyat on Monday (Nov 15).

Hishammuddin stated the federal government had agreed to approve the LCS procurement software below the tenth Malaysian Plan (10MP) and 11MP with the 10-year implementation interval from Oct 3, 2013 to Oct 2, 2023.

Nevertheless, he stated as of Oct 31 this yr, the work progress for the LCS was at 57.05% in comparison with the unique work plan schedule of 96.57%.

Total, the procurement skilled a delay of 39.52% or equal to 43 months, he added.

To a query from M. Karupaiya (PH-Padang Serai) on the elevated price of the LCS because of the procurement delay, Hishammuddin assured that the federal government wouldn’t pay greater than the sum agreed with Boustead. – Bernama



Source link

Sponsored: