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Russia to invest over $ 800 mn to build new space centre

Russia will invest over USD 800 million to build a space centre in the Far East of the country for civilian space launches, Prime Minister Vladimir Putin said today.



Moscow: Russia will invest over USD 800
million to build a space centre in the Far East of the country
for civilian space launches, Prime Minister Vladimir Putin
said today.

"The government decided to allocate over the next
three years 24.7 billion roubles (around USD 811 million) for
beginning of the full-scale construction of the Vostochny
(Eastern) Space Centre," Putin said in his televised remarks
at a meeting with space industry officials.

The Vostochny Space Centre to be located in the Amur
region bordering China will eventually replace the Soviet-era
Baikonur cosmodrome, now on 30-year lease with Russia from
Kazakhstan.

"I hope that the Vostochny Space Centre will become
the first civilian national space centre, and would guarantee
Russia full independence in space activities," he underscored.
Addressing the space officials at the `Energia`
spacecraft plant in Korolyov town near here, Putin also vowed
to develop international cooperation in space and announced
the cabinet decision to allow foreigners access to the top
secret facility for this.

"It is important that the new space centre will
provide service for all prospective space projects, including
a manned transport system, new generation boosters and future
interplanetary missions," he said.

Talking to reporters after the meeting, Chief of the
Federal Space Agency Roscosmos Anatoly Perminov said up to 30
thousand specialists would be employed for building Vostochny
cosmodrome and the construction of the space center will boost
the industrial capacity of the Far East and encourage the flow
of investment into the region.

Putin also said the government will invest 100 billion
roubles this year (over 3 billion dollars at current rate of
exchange) for the development of space industry, including
global navigational system GLONASS.

PTI

From Zee News

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