After World War I, the British built the large Singapore Naval Base as part of the defensive Singapore strategy. Originally announced in 1921, the construction of the base proceeded at a slow pace until the Japanese invasion of Manchuria in 1931. Costing $60 million and not fully completed in 1938, it was nonetheless the largest dry dock in the world, the third-largest floating dock, and had enough fuel tanks to support the entire British navy for six months. The base was defended by heavy  naval guns stationed at Fort Siloso, Fort Canning and Labrador, as well as a Royal Air Force airfield at Tengah Air Base. Winston Churchill touted it as the "Gibraltar of the East", and military discussions often referred to the base as simply "East of Suez". However, the British Home Fleet was stationed in Europe, and the British could not afford to build a second fleet to protect their interests in Asia. The plan was for the Home Fleet to sail quickly to Singapore in the event of an emergency. As a consequence, after World War II broke out in 1939, the fleet was fully occupied with defending Britain, leaving Singapore vulnerable to Japanese invasion.