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Space Agency's creation

La Paz the project to build and put into orbit satellite called Tupac Katari. Vice Minister of Telecommunications, Roy Roque Mendez, explained yesterday that the agency will be composed of the Government of Bolivia ombudsmen, representatives of the People's Republic of China, which finances the satellite, and the International Telecommunication Union (ITU). He said that the creation of the Bolivian Space Agency is scheduled for later this month at a special event.

The Government expects the satellite to enter space orbit in a period not exceeding 36 months, hoping to ensure full coverage of telecommunications services in the country and reduce costs, said Public Works Minister, Walter Delgadillo. "When Bolivia has its own satellite these costs will be reduced at least by half, regardless of the value added for use on various tasks," he said. The purchase of the satellite, according to estimates by the authorities of the country, expected to cost between 200 and 300 million dollars that will be filled by a Chinese government credit.

Delgadillo said that, currently, companies and government agencies requiring satellite service pay about $ 10 million a year by renting foreign satellite channels. On the subject, Mendez reported that this cost is reduced by at least 40 percent when the satellite is in orbit. "So this gives us an idea of \u200b\u200bthe cost you are paying is pretty and we have performed calculations with an estimated cost of $ 300 million is that we could have a savings of 30 to 40 percent with reference to fees now paid to rent satellite space, "he said. He said the satellite will be used to develop the sectors of fixed and mobile telephony, data transmission, videoconferencing, Internet and television.

plans to cover 50% of cost

The satellite rental Tupac Katari to allow private companies to pay half the estimated cost of 300 million dollars, said Vice Minister of Telecommunications, Roy Roque Mendez.

explained that the equipment has a lifespan of 15 years, during which the lease of satellite space would reach about 150 million dollars.

said the satellite's additional capacity will be used in social communication.