Taiwan to launch homegrown submarine plan with initial T$3 billion budget

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Taiwan has allocated T$3 billion ($92.55 million) over four years, beginning next year, to launch a long-awaited program for the island to build its own diesel-electric submarines. The expected allocation is the first for a plan that has been talked about since the early 2000s, when a deal with the United States for eight diesel-electric submarines got bogged down because of technical and political constraints. The spending was set out in the defense ministry's budget for 2016 and seen by Reuters.




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