Feb 15 • 05:13 UTC 🇬🇧 UK Guardian

Albanese dismisses Aukus concerns as submarine shipyard cost revealed to be $30bn

Australian Prime Minister Anthony Albanese announced a $30 billion investment for a submarine construction yard under the Aukus agreement, despite ongoing concerns about the deal.

Australian Prime Minister Anthony Albanese has revealed that the federal government will invest at least $30 billion into building a construction yard for nuclear submarines as part of the Aukus agreement with the US and UK. This significant investment includes a $3.9 billion down payment to establish the submarine construction facility located in Osborne, a suburb in northern Adelaide. The government throws its weight behind the project with expectations that it will contribute to job creation, promising around 10,000 jobs in design and construction, alongside training for nearly 1,000 apprentices each year at the designated training facility on site.

The scale of the construction reflects the ambitious nature of this project, with the facility intending to use enough steel for approximately 17 Eiffel Towers, as well as a massive volume of 710,000 cubic meters of structural concrete needed for the 420-meter long fabrication hall. Despite the eye-watering costs and previous concerns regarding the viability of the Aukus agreement, Albanese remains optimistic, dismissing fears as the US reevaluates its commitments under the pact. The announcement comes at a critical time when scrutiny over military partnerships and defense spending continues to be a hot topic in Australian politics.

As opposition and skepticism surround the Aukus agreement, particularly focusing on its long-term implications and financial sustainability, the Prime Minister's assertions signal a determined stance on strengthening Australia’s defense capabilities. The investment is positioned not only as a boost to the defense sector but also as a significant step towards enhancing local employment opportunities in a region needing economic upliftment. Albanese’s commitment showcases the government's strategy to navigate through the complexities of international defense collaboration while fostering local industry growth and skill development.

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