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China to contribute US$64 million for EgyptSat launch

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EgyptSat2_satellite
China has recently announced that it will contribute a sum of US$64 million for the launch of Egyptian Earth observation satellite program, EgyptSat, as part of a new cooperation agreement signed between the two counties.

Egypt: China has recently announced that it will contribute a sum of US$64 million for the launch of Egyptian Earth observation satellite program, EgyptSat, as part of a new cooperation agreement signed between the two counties.

Further, China and Egypt have signed an agreement that will see Beijing provide a US$23 million grant for an Egyptian satellite test, integration, and assembly facility. This facility is in line with the Egyptian policy intent to be self-sufficient and strategically autonomous in the manufacture of satellites and satellite components.

Both agreements were prepared on the Egyptian side by Egyptโ€™s National Authority for Remote Sensing and Space Sciences (NARSS).

EgyptSat-A is being built as a replacement for EgyptSat-2 that failed in orbit in April 2015 less than a year after its launch. EgyptSat-A is being built using the funds recouped from the insurance claim against the EgyptSat-2 loss, said to be US$100 million.

Egyptian press reports about the proposed Chinese funding contribution to EgyptSat do not make clear whether the contribution is for the EgyptSat-A program, or for another EgyptSat satellite as yet unannounced.

China and Egypt have been busy building close ties with each other over the past several years as part of Beijingโ€™s One Belt One Road initiative in order to secure Chinaโ€™s maritime access to the Mediterranean Sea via the Suez Canal. From Cairoโ€™s perspective, China is an economic lifeline in light of Egyptโ€™s economic troubles since the political turmoil that occurred since 2011.