Budget ministry pledges support for Coast Guard's patrol cutter program
The budget ministry on Monday pledged budget support for the Korea Coast Guard's plan to acquire three additional patrol cutters by 2030 as part of efforts to bolster the country's maritime security. The Ministry of Planning and Budget said it has reviewed funding for the program with the Coast Guard. The 2027 budget proposal allocates 51.2 billion won ($36.9 million) to the 366 billion-won…
The Ministry of Planning and Budget announced support for the Korea Coast Guard's plan to purchase three more patrol cutters by 2030 to enhance maritime security. The 2027 budget proposal allocated 51.2 billion won ($36.9 million) towards the 366 billion-won project for the construction of three 3,000-ton-class vessels. This initiative aims to protect Korea's maritime sovereignty in the West Sea and improve patrol and response capabilities.
The ministry stated that the 2027 proposal includes an additional 43.9 billion won to finish the construction of another vessel, as part of a strategy to expand the fleet of 3,000-ton-class patrol cutters from 11 in 2025 to 17 by 2030. The budget ministry had previously allocated 2.22 trillion won for the Coast Guard in the upcoming year's budget, which represents a 6.7 percent increase compared to the previous year.
This increase was attributed to the necessity of enhancing maritime security and intensifying enforcement against illegal fishing activities.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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