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Presidential chief of workers Kang Hoon-sik, left, speaks with reporters in a short interview at Incheon Worldwide Airport earlier than departing for Canada, Monday, together with Business Minister Kim Jung-kwan. Yonhap
President Lee Jae Myung’s chief of workers on Monday departed for Toronto in a bid to help Korea’s bid to win Canada’s main submarine venture, because the nation is competing with Germany for the deal estimated at as much as 60 trillion gained ($40.9 billion).
Kang Hoon-sik, the presidential chief of workers, left for Canada, as Korean shipbuilder Hanwha Ocean Co. is vying for Canada’s submarine program after being chosen as one of many remaining two contenders, alongside Germany’s Thyssenkrupp Marine Methods (TKMS).
“The (Canadian) submarine venture’s bidders have now been narrowed all the way down to the Republic of Korea and Germany,” Kang informed reporters at Incheon Worldwide Airport, west of Seoul, earlier than departure.
“By way of this go to, we are going to meet senior Canadian officers to clarify the superior capabilities of Korean submarines and convey the federal government’s dedication to increasing safety and industrial cooperation between the 2 international locations,” he added.
Kang underscored the significance of offering pan-government help for the export bid, noting that South Korea faces powerful competitors as Germany is a world manufacturing powerhouse and Korean corporations initially developed their submarine applied sciences with German help.
Following his go to to Canada, Kang stated he may also journey to Norway to debate methods to increase protection cooperation with the European nation, noting {that a} determination on the protection deal is anticipated “within the close to future.”
It marks his second journey to Norway after an earlier go to in October, throughout which he delivered a private letter from President Lee.
In Norway, Hanwha Aerospace Co., the producer of the K239 Chumnoo a number of rocket launcher system, is pursuing a significant Norwegian long-range rocket procurement venture.
As well as, Kang stated the federal government is making ready help for increasing protection cooperation with Saudi Arabia, the United Arab Emirates, Indonesia and Peru.
Kang was appointed as Lee’s particular envoy for strategic financial cooperation in October to assist perform the administration’s objective of positioning Korea as one of many world’s 4 largest arms exporters.
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