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The partnership between Djibouti and Hong Kong Aerospace Technology is significant as it marks the first time that an African country will have the capability to launch satellites from its own soil. Currently, African countries must rely on other countries to launch their satellites, which can be costly and logistically challenging. The new facility, which will be built in Djibouti’s northern region of Obock, will change that.
The project will also involve building an international-standard port and highway in Obock’s northern region to transport materials required to develop the aerospace sites. This will not only support the satellite and rocket launch facility, but it will also provide a boost to the local economy by creating jobs and attracting other businesses to the area.
Hong Kong Aerospace Technology, which focuses on satellite network engineering and precise satellite manufacturing, claims to be Hong Kong’s first commercial aerospace enterprise. The company owns five technical hubs and manufacturing facilities, including a satellite manufacturing hub and a satellite data hub. This gives them the expertise and resources needed to build and operate the new facility in Djibouti.
The agreement between Djibouti and Hong Kong Aerospace Technology was signed in the presence of a delegation from Hong Kong Aerospace Technology, including the company’s Vice President, Allen Fung. The Chinese Ambassador, Hu Bin, also attended the signing ceremony and expressed his appreciation for the cooperation between the two countries. He encouraged Hong Kong Aerospace Technology to consider both corporate interests and social responsibilities as they work on the project and contribute to the development of Djibouti’s economy.
Overall, this partnership between Djibouti and Hong Kong Aerospace Technology marks a major step forward for the African continent, providing the capability to launch satellites from its own soil, boosting the local economy and creating jobs, and promoting the development of the diverse economy of Djibouti.
