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Posted by admin
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Friday, 17 October 2008 21:20 |
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I came across the letter written by Mentari Services Sdn Bhd chairperson Capt (Rtd) Zahar Hashim, comparing the price of 12 Eurocopter Couger EC 725 with Kazan –M172, amounting to about RM1.4 billion in terms of the price difference .
In a way, it’s unfair to compare an apple with a pear. You must compare an apple with an apple. Therefore, let’s compare the price of Eurocopter EC 725 ordered by both Brazil and Malaysia : In June 2008, Brazil and France signed an agreement in principle for Eurocopter to build helicopters in the South American country via its subsidiary Helibras. Brazil ’s Defense Minister Nelson Jobim reportedly said that the country intended to buy 50 “Super Cougar” models, the first of which would be delivered in 2010. The deal’s value is reportedly around US$1.2 billion. ( refer to http://www.defenseindustrydaily.com/Brazil-Signs-1B-Production-Deal-for-Cougar-Helicopters-04959/). That is RM4.14 billion for 50 copters or RM82.8 million per unit. And we ordered 12 copters for RM2.317 billion, (refer to http://www.malaysiakini.com/news/91215) meaning RM193 million per unit! So, multiply by 12 units, it comes to a cool RM1.3 billion. Not a bad golden handshake. T Gopal
Kota Damansara
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