Thai Navy Finalizes High-Performance Frigate Procurement, Expecting Over 7 Billion Baht Domestic Economic Impact
Economy

Thai Navy Finalizes High-Performance Frigate Procurement, Expecting Over 7 Billion Baht Domestic Economic Impact

The Royal Thai Navy has announced the completion of its selection process for the high-performance frigate procurement project. The project is expected to generate over 7 billion baht in domestic investment, with an estimated economic impact of 300% of the project's cost. Transparency and fairness in the selection process were emphasized.

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