China to help Pakistan install Rs 19.695b Remote Sensing Satellite

Discussion in 'China' started by Blackwater, Apr 23, 2012.

  1. Blackwater

    Blackwater Veteran Member Veteran Member

    Jan 9, 2012
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    Akhand Bharat
    Islamabad—China is now all set to help establish Pakistan Remote Sensing Satellite (PRSS) in Islamabad , Karachi , Lahore and Rawalpindi after playing pivotal role in launching Pakistan satellite-1R on August 12, 2011.

    Pakistan satellite-1R has been operating satisfactorily since August 12, 2011. However, the cost of project of Pakistan Remote Sensing Satellite (PRSS), that is to be installed in four cities, has been worked out at Rs 19.695 billion with local component of Rs 3.560 billion and foreign exchange component of Rs 16.617 billion, a senior official told Pakistan Observer.

    This is part of National Satellite Development Program and, the official told, will help in capacity building for space technology and its application in Pakistan , institutional capacity building of SUPARCO (Pakistan Space & Upper Atmosphere Research Commission) and relevant organization along with promotions of R &D activities in the design and development of space technology and applications. Remote Sensing Satellite, in addition to important strategic applications, has wide applications in civilian sector such as disaster and land management, crop monitoring and pest control.

    “For the said project, Chinese will also provide the concessional loans.”

    To a question the official told that China Great Wall Industry Corporation (CGWIC) has informed that Chinese side is now ready to go ahead with Pakistan ’s first remote sensing satellite.

    The official also informed that Chinese side has further indicated that due to heavy commitments of various organizations under China national space administration for Chinese domestic space program, it is highly desirable to speed up the process from Pakistan side to avoid delays during execution stage.

    China to help Pakistan install Rs 19.695b Remote Sensing Satellite
  3. sehwag1830

    sehwag1830 Tihar Jail Banned

    Dec 23, 2011
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    Unless this news is confirmed by Chinese media , don't trust it.

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