The review of the P10 billion defense contract for the purchase of two Multi-Role Vessels (MRVs) from South Korea will be completed in a month’s time, a senior South Korean official said yesterday.
South Korean defense attaché to the Philippines Col. Kim Yi Kon said the review of the contract to purchase, entered into by the previous defense leadership, is now underway.
In his remaining weeks as defense chief, then secretary Norberto Gonzales ordered the deferment of the bidding process to favor a government-to-government acquisition for the modernization program of the Armed Forces of the Philippines.
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