Headlines > News > China to help Pakistan build satellite

China to help Pakistan build satellite

Published by Klaus Schmidt on Sat Sep 19, 2009 11:31 am via: source
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BEIJING, (RIA Novosti) – China will assist Pakistan in building a new communications satellite, Chinese media reported Saturday from Islamabad.

An agreement under which China will grant a $200 million loan to Pakistan for satellite construction was signed in Islamabad on Friday.

The new PAKSAT-1R is to replace PAKSAT-1, to last until 2011. PAKSAT-1R could be orbited in two or three years’ time. It will be built jointly by China’s Great Wall Industry Corporation and Pakistan’s Space and Upper Atmospheric Research Commission.

Copyright 2009 RIA Novosti. All rights reserved.

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