Borrow 18,871 million yen to build and operate earth observation satellite
Loan period of 40 years, grace period of 10 years, bidding conditions: Japanese company is the main contractor. Implementing agency: Vietnam Space Center – Vietnam Academy of Science and Technology. It is expected that in December 2023, the test will be completed satellite number 1 into orbit.
Engineers from the Japan Aerospace Research and Development Agency (JAXA) are trying to install the MicroDragon satellite, the first satellite manufactured in Vietnam, into the compartment of the Epsilon 4 booster rocket in May. August 2018. Photo: JAXA
The project will provide necessary equipment for the development and use of earth observation satellites in Hoa Lac, Hanoi, promote the use of data obtained from satellites, and support the improvement of capacity for staff to operate and maintain equipment. Through these supports, the project will contribute to disaster risk reduction in Vietnam by strengthening disaster response measures and making different plans on the basis of forecasting the increase in natural disasters. natural disasters caused by climate change.
An ODA loan for Phase I worth 7,227 million yen was approved in November 2011, and this Loan Agreement is for a Phase II ODA loan.
The Special Provisions for Economic Partnership (STEP) are applied to the ODA loan for this project. The project will apply Japanese synthetic aperture radar satellite technology with low cost, high performance, compact size, low cost and can deliver satellite images in a short time. This technology will contribute to the development of the operating system and satellites equipped in the project along with the launch of earth observation satellites.
STEP is an acronym for “Special Terms for Economic Partnership”. This provision applies to projects that need to make substantial use of Japanese technology and technical know-how based on the requirements of developing countries for the use and transfer of advanced Japanese technologies. Japan.
The basic condition of STEP loan is that the main contractor will be a Japanese company, or a branch of a Japanese company in a foreign country, or a joint venture between a Japanese company and a Vietnamese company (Japanese company stands joint venture), whereby a Vietnamese company can participate as a member of a Japan-Vietnam joint venture or as a subcontractor.
Under certain conditions, a joint venture between a Japanese company and a Japanese equity company (the Japanese company leading the joint venture) may be the main contractor.
at Blogtuan.info – Source: nld.com.vn – Read the original article here
