@swerve and Todjaeger, thanks for your earlier comments, which add to the discussion.
In other words, a simple division by four of the above contract price is completely off the mark. Further, PT PAL had to pay an external consultant, MASTEK, to provide supervision on the construction of the two built in Indonesia vessels.
I understand that the US$ 150 million contract for the Makassar and Banjarsamin classes was for two Korean built vessels, plus license fee (or tech transfer) to build another two locally modified 125-metre Banjarsamin class vessels, which were effectively PT PAL's own design. PT PAL is state owned and they can push these out cheap. The first two Korean built vessels were not delivered armed; and weapons were later back-fitted at PT PAL (the cost of which is not factored in the contract). The two locally built vessels were budgeted and paid for separately by the Indonesian department of defence.$37.5mn is the value of the contract with Daewoo ($150mn) divided by four. But I'm not sure that's the real price. It's unclear what costs were included in the contract.
In other words, a simple division by four of the above contract price is completely off the mark. Further, PT PAL had to pay an external consultant, MASTEK, to provide supervision on the construction of the two built in Indonesia vessels.
Thanks for the additional information, which provides a better comparison. Your post reinforces the point that the price difference between the two classes of ships (built in Singapore and NZ) is not as great as Sea Toby claimed.That is not quite right either.
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