2024-05-07 03:04:20
Indonesia recently paid an additional 100 billion won
It is reported that the government will cover a significant portion of the shortfall in development costs for the Korean supersonic fighter KF-21 with the government budget. The shortfall is approximately 1 trillion won. Previously, Indonesia, which is jointly developing the KF-21, proposed to pay only 600 billion won out of the 1.6 trillion won in development cost share originally agreed to, and as the Korean government decided to accept this, more development costs became necessary.
Meanwhile, Indonesia is said to have recently paid an additional contribution of approximately 100 billion won. After a new proposal to pay only 600 billion won in contributions, approximately 100 billion won was paid. The cumulative payment made by the Indonesian government since 2016 until February of last year was 278.3 billion won. Indonesia, which had delayed payment after paying 41.7 billion won in February last year, appears to have paid a portion of its contribution more to implement the new proposal. As a result, the cumulative payment amount is approximately 400 billion won, and Indonesia will have to pay an additional 200 billion won in the future.
According to government sources on the 6th, Indonesia announced about a month ago that the deadline for payment of contributions to the Defense Acquisition Program Administration, which manages the KF-21 development project, will remain the same as June 2026, the completion date of KF-21 development set at the time of the contract in 2016, but will only pay 600 billion won. It has been suggested Initially, Indonesia had decided to pay 1.6 trillion won, or about 20% of the total development cost (8.8 trillion won), but proposed again that it would only pay 600 billion won. The Indonesian government proposed delaying the deadline until 2034, saying it would pay all 1.6 trillion won at the end of last year. However, when our government refused, saying, “It makes no sense to pay development costs after development is complete,” they said they would receive less technology and pay less this time. After this proposal, Indonesia recently paid an additional 100 billion won.
Ultimately, the government decided to accept this proposal. The government plans to include a significant portion of the shortfall of about 1 trillion won in next year’s government budget, while Korea Aerospace Industries (KAI), the manufacturer of the KF-21, also plans to cover the cost by paying more for development costs.
It is reported that the Indonesian and Korean governments will soon begin negotiations to cull out previous technologies worth 600 billion won. The source said, “If Indonesia does not pay the remaining 200 billion won, we only have to provide technology worth 400 billion won.”
Reporter Son Hyo-joo [email protected]
Military reporter Sang-ho Yoon [email protected]
Donga Ilbo exclusive
![[단독]KF-21 insufficient development cost of 1 trillion won, seeking to cover government budget](https://image.donga.com/donga_v1/images/img_series_default.png "[단독]KF-21 insufficient development cost of 1 trillion won, seeking to cover government budget")
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2024-05-07 03:04:20