Ecuador to Invest $125 Million to Modernize Submarines

Ecuador to Invest $125 Million to Modernize Submarines

By Dialogo
November 06, 2012

Ecuador is investing about $125 million to modernize two war submarines in Chilean Navy shipyards, as part of a process that will last until 2014, the Ecuadoran Ministry of Defense said on November 2.

Under the contract signed in January 2008, the “Shyri” unit was delivered by the Chilean Navy Armory and Shipyards (ASMAR) on October 19 at the Talcahuano port, about 500 km south of Santiago, said the Ministry in a statement.

It was mentioned that the submarine “Huancavilca” is going through the same modernization process at the ASMAR facilities, and it will be ready by February 2014.

“The units are property of the Ecuadoran Naval Force, and will be used to defend national sovereignty,” announced the Ministry, highlighting that the contract includes training of personnel.

It was also said that this modernization “will benefit the country, since it will allow for better control of territorial waters, as well as to combat drug trafficking and transnational crime.”