S. Korea’s Daewoo wins submarine contract for Indonesia over Turkish-German bid
Special to WorldTribune.com ANKARA — Turkey, despite massive lobbying, has lost a tender to sell advanced Western submarines to Indonesia. Officials said a German-Turkish bid for Indonesia’s electric-diesel submarine project was rejected. Instead, Indonesia selected South Korea’s Daewoo Shipbuilding and Marine Engineering to build and supply three submarines for Jakarta for $1.1 billion. “This was […]