JAKARTA - British Prime Minister (PM) Andy Burnham will announce an investment of 8.4 billion pounds sterling (around Rp202.9 trillion) for the construction of four Dreadnought-class nuclear submarines.
"A major investment of £8.4 billion in the UK's nuclear deterrent programme, which will create jobs and opportunities for young people for years to come, will be announced by the Prime Minister today," said a statement from the British PM's office, Downing Street No. 10, on Thursday, July 30. reported by ANTARA from Sputnik.
In the new phase, one of the four submarines to be built is scheduled to complete sea trials and begin operating in the British Navy in the early 2030s, the statement added.
"In the new contract, the second submarine, HMS Valiant, is sure to reach the sea trial stage; while the third and fourth submarines continue to undergo their construction stages," the statement read.
At the end of June, the British Ministry of Defense released a long-term defense budget for the next four years, with funding allocations of nearly 300 billion pounds sterling (about Rp7.25 trillion) for various defense areas.
However, Rachel Reeves, a former British finance minister, stated that 4.7 billion pounds sterling (about Rp113.6 trillion) of it is still unliquidated and the source of funding will be determined in the upcoming autumn budget.
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