REPUBLIKA.CO.ID, SEOUL -- Korea Aerospace Industries (KAI) signed a provisional contract with Indonesia on Nov. 22 to formalize the work share and investment arrangement for the KF-X development program.

According to a report from Janes.com, Indonesian government will shoulder 20 percent of the cost, which is around $1.5 billion. PT Dirgantara Indonesia (PTDI) will get to design the fighter jet and produce parts in future. PTDI will own one of the six planned KF-X prototypes.

KAI said that in return for its investment, Indonesia's state-owned aerospace manufacturer, PT Dirgantara Indonesia (PTDI), will participate in the design phase of the aircraft and produce unidentified components. PTDI will also secure rights to some areas of intellectual property involved in developing the KFX and have access to one of six planned prototypes.

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