SYDNEY Aug 28 Malaysia on Thursday said it
would share with Australia the cost of the latest effort to
uncover signs of missing Malaysia Airlines Flight
MH370, in the hope of unlocking modern aviation's greatest
Months of searches have failed to turn up any trace of the
missing Boeing 777 aircraft, which disappeared on March
8, carrying 239 passengers and crew shortly after taking off
from the Malaysian capital of Kuala Lumpur, bound for Beijing.
Malaysian Transport Minister Liow Tiong Lai told a news
conference in Canberra that the two countries would evenly split
the costs of the new search phase, estimated at up to A$52
million ($48.65 million).
"So it is important here that we would like to thank
Australia for leading this search and we have so far committed
and spent about A$15 million and we are also going to match the
Australians in the tender cost for the search," he said.
The latest phase of the search is expected to start within a
month and take up to a year, focusing on a 60,000-sq-km (23,000-
sq-mile) patch of sea floor some 1,600 km (1,000 miles) west of
Australia this month awarded a contract to Dutch engineering
firm Fugro to search the sea floor, and the company
is already conducting a detailed underwater mapping of the
search area, along with a Chinese naval vessel.
Fugro will use two vessels equipped with side scan sonar,
multibeam echo sounders and video cameras to scour the seafloor,
which is close to 5,000 m (16,400 ft) deep in places.
Australia has set aside A$80 million to A$90 million for the
search, already the most expensive ever undertaken.
Malaysia Airlines has been hit this year by the loss of two
of its airliners, after Flight MH17 was shot down over a
conflict zone in eastern Ukraine.
(Editing by Clarence Fernandez)