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The contract-signing ceremony was attended by representatives from both Cotecmar and Damen, as well as high-ranking officials from the Colombian Navy and the Dutch ambassador to Colombia.

Cotecmar and Damen Sign Contract for Colombia’s First Locally-Built Frigate

Posted On August 29, 2024
By : Loren Moss
Comment: 1
Tag: armada, cartagena, cotecmar, damen, frigate, naval frigate, navy, pes, plataforma estratégica de superficie

Cotecmar, Colombia’s state-owned naval technology firm, has signed a contract with Dutch shipbuilder Damen to construct the Plataforma Estratégica de Superficie (PES), the first frigate built in Colombia for the Colombian Navy. The agreement, finalized in Cartagena, involves technical services, material supply, and engineering support.

The PES frigate will measure 107.5 meters in length and 14.02 meters in width. The vessel is part of a broader contract that also includes the construction of a logistical support ship and an ocean patrol vessel, both supported by Colombia’s Ministry of Defense.

This project is expected to generate significant employment and foster domestic industrial supply chains. It aligns with the country’s reindustrialization efforts, positioning Colombia as a player in the global naval sector.

The contract-signing ceremony was attended by representatives from both Cotecmar and Damen, as well as high-ranking officials from the Colombian Navy and the Dutch ambassador to Colombia.

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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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One Comment

  1. Ricky Rutledge August 29, 2024 at 6:03 pm

    I shudder to think about what happened ‘under the table’ to allow this deal to go ahead…or, how the money and contract will be mismanaged, or surreptitiously handled on an ongoing basis. Watch this space!

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