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|The competition for a A$50 billion ($34.55 billion) contract to build Australia's next submarine fleet is narrowing to a race between Japan and France as a bid from Germany's ThyssenKrupp Marine Systems (TKAG.DE) (TKMS) loses ground over technical concerns Nike Air Huarache Triple Bianche Pure Platinum Scarpe , multiple sources said.
Australia is expected to decide the winner of one of the world's most lucrative defense contracts within the next six months, ahead of a national election in which the deal and the jobs it will create is expected to be a key issue for the conservative government.
TKMS is proposing to scale up its 2,000-tonne Type 214 class vessel Scarpe Nike Air Huarache Pelle Bianche , while Japan is offering a variant of its 4,000-tonne Soryu boats made by Mitsubishi Heavy Industries (7011.T) and Kawasaki Heavy Industries (7012.T).
France's state-controlled naval contractor DCNS has proposed a diesel-electric version of its 5,000-tonne Barracuda nuclear-powered submarine.
Australia has said it wants a boat in the 4 Scarpe Nike Air Huarache Ultra Breathe Nere Bianche ,000-tonne class.
Scaling a submarine to twice its original size presents exponential technical challenges, experts say.
That puts TKMS furthest from having the experience to offer what Australia wants in a large, long-range Scarpe Vans Chiaro SK8-Hi Slim Nere , stealthy submarine to replace its aging Collins-class fleet, said six industrial sources in Asia and Australia with knowledge of the situation.
"The German proposal is an enlarged version of a smaller existing submarine, and that technically is risky Scarpe Vans Sk8-Hi Pelle Bianche Verdi ," said one source.
TKMS and one of the sources in Australia, who has decades of experience in the global arms industry, cautioned against jumping to conclusions as each side jockeys for the best outcome in what may ultimately be a political decision.
Australia wanted a partner to design and build a new submarine Scarpe Vans Old Skool Chiaro Grigie Bianche , which neutralizes any perceived advantage with existing bigger boats, said TKMS Australia Director Jim Duncan.
"The rumors could well be right. Who knows," Duncan told Reuters when asked to respond to what the industrial sources said. "My only advice Dime x Scarpe Vans Old Skool Pro Bianche Chiaro Grigie , having spent many years in this environment is: believe nothing that you hear and only half of what you see."
Officials at the Future Submarine Program at the Australian Department of Defence did not respond to a request for comment.
DCNS Australia CEO Sean Costello declined to comment on his competitors, but said experience in large submarine design was critical for the Australian project.
Tokyo was initially seen as the frontrunner, partly due to close ties between Japanese Prime Minister Shinzo Abe and former Australian Prime Minister Tony Abbott Scarpe Vans Old Skool Canvas Bordeaux Bianche , who was ousted in a party coup by Malcolm Turnbull last September.
With Turnbull quiet on the matter, Japan is touting its offer as a way to build military ties between two allies in Asia.
But Tokyo, which until two years ago had a decades-long ban on arms exports Scarpe Vans Old Skool Canvas Bianche , has been hobbled throughout the process by a lack of experience in managing overseas defense contracts and the shifting political tide in Canberra.
With Australia facing an economic slowdown, that has put job creation and innovation atop the political agenda.
Japan was slow to commit to build all vessels at South Australian shipyards, a politically significant pledge that both DCNS and TKMS made quickly.
At the same time Scarpe Vans Old Skool Canvas Nere Bianche , DCNS and TKMS pledged to share sensitive technology with the Australian government and promised packages of economic incentives.
Australia's Defence Department is formulating a recommendation based on materials submitted by the bidders late last year and is expected to give that to cabinet as early as March.
($1 = 1.4474 Australian dollars)
YAOUNDE， May 20 (Xinhua) -- To be able to mobilize more investment resources to fund its economy， Cameroon should remove tax and administrative barriers that have in the past led to failure or delays in completion of projects， participants at an investor conference in Yaounde said early this week.
During the two-day Yaounde economic conference that was opened on Tuesday by President Paul Biya， participants urged Cameroon to take necessary measures that will end red tape and promote private investment which is essential for growth.
On several occasions， Biya has expressed anger at excessive bureaucracy in the public service， that has made corruption a "national sport" and the inertia as a way of life.
This， the president has lamented， has ended up blocking achievement of several investment projects that are useful for the country's development.
In the last few years， a number of foreign delegations have visited Cameroon with an objective of setting up operations， especially in the mining sector.
Many， even after having been reassured by the concerned authorities， have been forced to leave the country without concretising their investment plans due to bureaucracy.
According to stakeholders， there are always numerous intermediarie who make decision-making very difficult.
The investors further urged Cameroonian authorities to hasten the process of obtaining a visa， especially for business people.
In its conclusions， the conference proposed "reinforcement of ties with neighbouring countries， especially Nigeria， to increase its regional market."
With Nigeria in particular， its second biggest supplier behind China， Cameroon was urged to sign an economic partnership agreement.
The two countries share a border measuring 1，500 kilometers.
In total， the Cameroonian government submitted to its guests 14 projects that are ready for investments. The projects require an investment of 2 billion U.S. dollars.
However， no funding agreement was signed， contrary to what happens during similar meetings organized in other countries.
According to official figures， some 800 investors that include locals as well as those from Europe， the U.S. and Asia were invited at the co. Hector Herrera Mexico Jersey Antonio Rudiger Germany Jersey Cheap Saints Jerseys Cheap Giants Jerseys Cheap Philadelphia Eagles Jerseys Cheap Miami Dolphins Jerseys Wholesale Chargers Jerseys Wholesale Tampa Bay Buccaneers Jerseys Wholesale San Francisco 49ers Jerseys Wholesale USA Soccer Jerseys