China keen on Armenian satellite launch project

China keen on Armenian satellite launch project

YEREVAN, June 19. /Novosti-Armenia/. China is interested in the project on building and launching of the Armenian telecommunication satellite, the press office of Armenia’s ministry of transport and communication reported referring to the minister Gagik Beglaryan’s meeting with representatives of China Great Wall Industry Corporation (CGWIC) and the Chinese academy of space technologies.

Armenia is planning to launch its own satellite, Armsat. Armcosmos company has been set up for this purpose. Total cost of the project is assessed at 250 million dollars; the authorities plan to attract private investments in the project. The satellite will open up opportunities in defense, science, telecommunications, Novosti-Armenia reported referring to RIA Novosti.

Beglaryan said at the meeting Armenia is seeking opportunities for cooperation with various countries. The project started in 2012 and is in the stage of coordination of the orbit attitude now. The Armenian side received proposals on consultations and management. Beglaryan said Armenia will submit proposals and its turn and wait for response.

Vice president of China Great Wall Industry Corporation Zhao Chun Chao said the Chinese side is ready to get engaged in the entire range of works from design to Armsat, construction and up to launching and servicing, as well as training of Armenian specialists.

Back in 2012 Roscosmos said an agreement was reached on building a satellite with Russia by 2016 under a contract expected to be signed within a year. But no news was reported on this later on. In March 2014 only plans about setting up a joint Armenian-Russian center on space training and studies were reported. –0--

12:06 19.06.2014

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