23 March 2017 Current Affairs: Taiwan’s president Tsai Ingwen launched the island’s first ever homegrown submarine project on March 21, 2017 at a naval base in southern city of Kaohsiung because the island faces rising navy threats from China as relations deteriorate.
An MoU has been signed for the project between the navy, Taiwanese shipbuilder CSBC Corporation and the National ChungShan Institute of Science and Technology, which develops combat system integration.
The project is a part of the island’s indigenous defence policy and the delivery of the submarine is expected to take eight years and deployed within 10 years.
Taiwan’s navy currently operates a fleet of 4 submarines which are purchased from abroad, however only two of them may be deployed in the occasion of warfare.
The other two have been constructed by the United States in the 1940s and are solely used in training as they’re too outdated for fight.
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