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Thai Navy Picks Hanwha Ocean of South Korea for 16.73 Billion Baht Frigate

Summary by The Thaiger
Hanwha Ocean of South Korea has been selected to build a new frigate for the Royal Thai Navy, in a 16.73 billion baht (about US$496 million) deal the navy says was awarded through a transparent, rules based process. The result was announced on Friday, September 18, at an 11am press conference in the Chao Phraya … The story Thai Navy picks Hanwha Ocean of South Korea for 16.73 billion baht frigate as seen on Thaiger News.

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The Democrat Party (DP) urged the government and the Ministry of Defense to reconsider the 17 billion baht frigate tender, citing suspicious circumstances and a lack of competition. They emphasized the need to protect national interests and build the ships themselves by a Thai company.

On September 19th, at the Democrat Party headquarters, Mr. Pongsakorn Kwanmuang, spokesperson for the Democrat Party, issued a statement regarding irregularities in the Royal Thai Navy's frigate procurement project.

·Thailand
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thairath.co.th broke the news on Saturday, September 19, 2026.
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