The Korea Times
Industry Minister Kim Jung-kwan has met with Canadian government and industry officials to ask for support for a Korean consortium's bid to win Canada's key submarine project and discuss expanding industrial and resource partnership between the two countries, Kim's office said Thursday. Kim met with his Canadian counterpart, Melanie Joly, Tuesday (local time) in Ottawa to discuss progress in the two countries' partnership projects in relation to Canada's estimated 60 trillion-won ($41.4 billion) project to build as many as 12 new conventionally powered submarines, according to the Ministry of Trade, Industry and Resources. The Korean consortium, comprising Hanwha Ocean and HD Hyundai Heavy Industries, is one of the two final contenders for the high-profile project, alongside Germany's Thyssenkrupp Marine Systems. As part of efforts to help the Korean consortium win the project, the Seoul government has offered expanding industrial cooperation in different areas, such as the hydrogen sector, with Korean auto giant Hyundai Motor proposing collaboration on creating a hydrogen mobility ecos
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