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Lai Ching-te to fast-track submarine fleet expansion
President-elect Lai Ching-te shows strong support for Taiwan’s Indigenous Defence Submarine program, aiming to build all seven follow-up submarines simultaneously. Joining him on an inspection of the prototype submarine Narwhal at CSBC Corporation’s Hai Chang factory was current President Tsai Ing-wen. The transition of power between Tsai and Lai is set for May 20, with Lai emphasizing the need to complete the submarine project swiftly. The projected cost for each follow-up submarine is around NT$20 billion, with a total budget estimated between NT$150 billion and NT$200 billion.2024/03/18 14:26