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.