President Lee: "Canadian Submarine Bid Not the Expected Result, But Demonstrated Our Potential"

▲ President Lee Jae-myung speaks at the public-private joint inspection meeting for mega-projects held at the Blue House on the 6th.

President Lee Jae-myung stated today (July 7) regarding Hanwha Ocean's failure to be selected as the preferred bidder for the Canadian Patrol Submarine Project (CPSP), "Challenges bring both success and disappointment," adding, "What is important is to keep moving forward without stopping."

In a post on his Facebook page today, President Lee said, "Although we did not achieve the expected result in this Canadian submarine project, I believe we have once again clearly demonstrated our potential to the international community."

He continued, "Above all, our submarines have competed confidently against the world's leading submarine powers, proving their superior performance and technological prowess," and emphasized, "I am certain that today's experience will serve as a valuable foundation to further advance our technology and enhance our competitiveness."

President Lee promised, "The bold challenge of K-Defense will continue," adding, "From research and development and export support to strengthening international cooperation, the government will do everything in its power for the day when our submarines will safeguard the peace and safety of the world's oceans."

Furthermore, President Lee assessed, "South Korea's defense industry is establishing itself as a new growth engine that the world is paying attention to, and as a core industry of national competitiveness," adding, "Such achievements are the fruit of the efforts made by countless researchers, technicians, entrepreneurs, and our soldiers working together."

He also said, "July 8 is 'Defense Industry Day,' established to commemorate the day the Turtle Ship was first deployed in actual combat. I extend my deep gratitude and respect to all those in the industry who have grown the South Korean defense industry to a world-class level and elevated the status of 'K-Defense'."

(Photo: Yonhap News)

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