With largest investment of US66$ bn Australia reveals master plan of ‘massive shipbuilding’
 Source : News Bharati English  Date : 16-May-2017

Sydney, May 16: Australia revealed its dream of a ‘massive shipbuilding’ plan which contributes to its largest naval investment. On Tuesday it revealed that it plans to construct dozens of new submarines and frigates to shore up its defense capabilities.

Prime Minister Malcolm Turnbull said that the A$89 billion package - first flagged in 2015 to replace its ageing fleets - would boost local industry, with up to 5,000 jobs created in shipbuilding directly and double that in the supply chain.

"We will transform our naval shipbuilding and sustainment industry here in Australia, with Australian workers, in Australian shipyards, using Australian resources," Malcolm Turnbull said. "This is a plan for jobs, a plan for security, a plan for the opportunity that investment in our defense industry brings not just today and tomorrow, but for generations to come."

The programme will produce nine frigates and 12 offshore patrol vessels, along with 19 Pacific patrol boats for neighboring countries. It also includes 12 new submarines at a cost of A$50 billion, with French naval contractor DCNS last year selected to design and build them at an Adelaide yard, beating off competition from Japan and Germany.

While no specific threat was cited, Defense Minister Marise Payne said the programme was designed to ensure "we have the most capable, agile and potent Australian Defense Force that we are able to achieve". "The future frigates, the offshore patrol vessels, the future submarines - these are platforms that will deliver the capability that we need to ensure we are protecting Australia and our interests."

Under the plan, Australia's current Australian and New Zealand Army Corps ANZAC and Adelaide class frigates will be replaced with new ships better able to "detect, track and, if required, destroy enemy submarines". Construction of the patrol boats is slated to start in 2018 with the frigates beginning two years later and the submarine build getting underway around 2022.