JAKARTA (TheInsiderStories) – The government proposed to barter Indonesia Fighter Xperiment (KFX/IFX) purchases with the country’ CN-235 aircraft produced by the local aircraft manufacturer PT Dirgantara Indonesia, said one senior minister today (07/19). The reasoned, the country have limited funds to pay with cash.
Coordinating Minister for Politic, Security and Law Affairs Wiranto believed the planned will be approved by South Korean government. So far the state-owned company has cooperation with Construcciones Aeronáuticas SA (CASA).
Previously, Indonesia has use the scheme when it bought 11 Russian-made fighter jets, the Sukhoi SU-35, agreed in 2017. The country barter the fleet purchases with crude palm oil, rubber, coffee, cocoa, tea, textile and other goods, with total amount $1.14 billion.
The total funding for the jet fighter projects until 2026 is planned to be around $8 billion, divided between South Korea (80 percent) and Indonesia (20 percent). Indonesia has paid 132 billion won ($112.34 million) to South Korea as a 2016 contribution to the development of the KF-X fighter program.
Even though 2017 and 2018 contributions have not been deposited, South Korea considers that payment is enough to erode fears that Indonesia will exit this strategic project.
South Korea also continued the KF-X program and hoped that Indonesia would actively participate in all stages of its development. Since 2011 until the end of 2018, the process of developing 4.5 generation fighter aircraft which is a collaboration between Indonesia and South Korea, KFX / IFX, has reached 20 percent.
These fighter planes are targeted to be mass produced only in 2026 after testing and certification. While the number of aircraft to be produced reaches 168, with details South Korea will have 120 aircraft and 48 Indonesian units.
Written Willy Matrona, Email: email@example.com