SL launches its first Space Academy
State-of-the-art satellite ground station:
Shirajiv SIRIMANE in Kandy
The Supreme Group, a fully owned subsidiary of SupremeSAT (Pvt) Ltd.,
which has become the first and only satellite operator in Sri Lanka
yesterday signed the joint investment agreement with China Greatwall
Industry Corporation and Sino Satellite Communications Company Ltd for
the setting up of Sri Lanka’s first Space Academy that will be located
within the Pallekele BOI Zone in Kandy.
The proposed Space Academy will consist of a state of the art
Satellite Ground Station which will provide on the job training to Sri
Lankans who will start to control the already co-branded satellites of
SupremeSAT/Chinasatcom.
Subsequent to the agreement signing ceremony, the foundation laying
ceremony for Sri Lanka’s first and only Space Academy took place in the
presence of Chen Qiufa - Vice Minister of Industries and Information
Technology of the People’s Republic of China. SupremeSAT has committed
to invest USD 20 Million for this project whilst CGWIC/SinoSAT
consortium will invest in the Equipment, Technology and Training aspects
of the project which also runs into several millions of US Dollars.
SupremeSAT has committed to invest USD 20 Million for this project
whilst CGWIC/SinoSAT consortium will invest in the Equipment, Technology
and Training aspects of the project which also run into further US $ 40
million In addition, another historic investment agreement was signed
between The Supreme Group and Beijing Aerospace Greatwall Minerals
Corporation wherein the mineral reserves held by the company regionally
was assigned to the Chinese company for mining as well as future reserve
enhancement purposes.
The Supreme Group will enhance the mineral reserves of BAGWMC
utilising its existing mineral reserves as well as acquiring larger
reserves of all types of natural resources in Sri Lanka and in the
region inclusive of Indonesia and Madagascar where the company has
secured valuable coal mine reserves. The Presence of top executives of
some of the largest and powerful Chinese state companies inclusive of
China Aerospace Science and Technology Corporation”, “China Satellite
Communications Company Ltd and Aerospace Long March International Trade
Company Ltd was a special feature at the event.
|