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$294.5 million to finance space exploration projects in 2012-2014

28 august 2011, 23:03
Baikonur cosmodrome. Stock photo of
Baikonur cosmodrome. Stock photo of
In 2012-2014 Kazakhstan plans to allocate $294.5 million to finance space exploration projects, quoted Finance Minister Bolat Zhamishev as saying at the government sitting August 27 focused on the draft 2012-2014 state budget.

According to him, the amount will go to finance an earth remote sensing satellite, space vehicles assembly and testing facility, high-precision satellite navigation system, KazSat-3 communications satellite, Baiterek (“poplar tree”) space launch complex for the Russia's new booster rocket [the Angara], backup on-ground geostationary spacecraft control system.

According to [citing Finance Ministry], a total of $563 million was to be earmarked for space exploration projects in 2011-2013.

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