Article Posted on : - Sep 19, 2009

An artistic image of PAKSAT-1R. Image credit: skyrocket

BEIJING (BNS): Pakistan will develop a new communication satellite PAKSAT-1R, in about three years period with the help of China, a media report said.

According to Xinhua, Pakistan Space and Upper Atmospheric Research Commission (SUPARCO) and China Great Wall Industry Corporation (CGWIC) will jointly develop the satellite which would replace PAKSAT-1.

Pakistan will get $200 million from China to built its first communication satellite.

The agreement was signed by Pakistan’s Economic Affairs Division (EAD) Secretary Farrakh Qayyum and China’ Ambassador to Pakistan Luo Zhaohui, it said.