ISLAMABAD: The Chinese government has decided to provide 1 billion yuan to Pakistan for the space centre project, ARY News reported on Tuesday quoting sources.
A well-placed source informed ARY News that the federal cabinet has approved a loan agreement with China for the Pakistan Space Centre project.
The federal cabinet approved the signing of agreement through a circulation summary.
China has provided satellite carrying or launching services for many countries like Saudi Arabia, Argentina, Brazil, Canada and Luxembourg.
China has conducted space product and technology cooperation with countries, including Russia, Ukraine, Belarus, Argentina, Pakistan, and Nigeria.
PAKISTAN COMMITTED TO SEND ITS FIRST ASTRONAUT TO SPACE BY 2022: FAWAD
In 2019, former minister for Science and Technology Fawad Chaudhry announced that Pakistan will send its “first person to space” in 2022.
Chaudhry had said that there is an agreement between Pakistan and China and as the country does not have its own satellite launching facility, a Chinese facility will be used, as done previously.
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