Philippines Commits to Naval Modernisation
25 Mei 2018
Goverment allocate P77-Billion projects to modernize Philippine Navy (photo : PN)
The Philippine government is looking to set aside PHP77 billion (USD1.47 billion) for the modernisation of the Philippine Navy (PN) during its second phase of modernisation, President Rodrigo Duterte said on 22 May.
In a speech to mark the 120th anniversary of the PN he said the government is committed to continuing the development of the PN through its ‘second horizon’ modernisation programme, which runs 2018–23.
The development programme – outlined under Revised Armed Forces of the Philippines (AFP) Modernisation Programme – allocated around PHP90 billion for total AFP modernisation in the 2013-2017 first horizon, with the third and final phase starting in 2024.
(Jane's)
The Philippine government is looking to set aside PHP77 billion (USD1.47 billion) for the modernisation of the Philippine Navy (PN) during its second phase of modernisation, President Rodrigo Duterte said on 22 May.
In a speech to mark the 120th anniversary of the PN he said the government is committed to continuing the development of the PN through its ‘second horizon’ modernisation programme, which runs 2018–23.
The development programme – outlined under Revised Armed Forces of the Philippines (AFP) Modernisation Programme – allocated around PHP90 billion for total AFP modernisation in the 2013-2017 first horizon, with the third and final phase starting in 2024.
(Jane's)
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