TRIESTE – Fincantieri is strengthening its presence in the South-East Asian defence market through a new strategic partnership with Indonesian group Republikorp, for the construction of multirole naval vessels directly in Indonesia.
The agreement was announced in Paris during Eurosatory, one of the main international events dedicated to defence and security. The Memorandum of Understanding was signed by Eugenio Santagata, general manager of Fincantieri’s Naval Vessels Division, and Norman Joesoef, president and founder of Republikorp, Indonesia’s largest private holding company active in the defence sector, through its subsidiary PT Republik Palindo Internasional (RPAL).
The agreement provides for the establishment of a joint venture aimed at supporting the development of Indonesia’s national shipbuilding industry and launching long-term industrial cooperation. For Jakarta, this represents a further step towards greater strategic autonomy in the defence sector, leveraging the technological and industrial expertise of the Italian group. The cooperation will concern the construction in Indonesia of different types of naval units designed to meet the operational needs of the archipelago. These include LPD and LHD amphibious ships, multirole frigates and corvettes, patrol vessels for surveillance of the Exclusive Economic Zone, fast attack craft and submarines.
One of the central elements of the agreement is the transfer of technologies and know-how. Fincantieri will contribute to the development of local capabilities through engineering cooperation activities, training programmes and the progressive strengthening of expertise in naval design, systems integration and production processes.
«In line with the cooperation already launched with the Indonesian Navy, this MoU represents a further step in consolidating a long-term strategic partnership between Fincantieri and Indonesia. Leveraging our expertise in the construction of highly complex naval units and in systems integration, we intend to contribute to the development of local industrial capabilities and to the creation of a more resilient maritime ecosystem. The initiative», commented Pierroberto Folgiero, Chief Executive Officer and General Manager of Fincantieri, «also reflects our commitment to developing sustainable industrial capabilities in the country».
