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PH to buy 5 Japan-made coast guard ships in $400-M deal

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MANILA, Philippines – The Philippines has agreed to buy five coast guard patrol ships from Japan in a deal worth more than $400 million, Manila said Friday, as the Southeast Asian country faces growing Chinese pressure in the South China Sea.

Japan will loan the Philippines 64.38 billion yen to buy the five 97-meter Multi-Role Response Vessels and pay for the 'development of the required support facilities,' the Department of Foreign Affairs said in a statement.'This will support the PCG in improving its capabilities for maritime operations particularly in addressing transnational crimes,' the statement said, referring to the Philippine Coast Guard .

The triangular chain of reefs and rocks that make up Scarborough Shoal lies 240 kilometers west of the Philippines' main island of Luzon and nearly 900 kilometers from Hainan, the nearest major Chinese land mass.Japan invaded and occupied the Philippines during World War II, but the two countries have since grown closer due to trade and investment, and more recently, to counter China's assertiveness in the region.

To Buy Japan-Made Coast Guard Ships In $400-M Deal

 

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