JAKARTA - The Malaysian Space Agency (MYSA) developed guidelines for the feasibility study of the development of space launch locations.
Malaysia's Minister of Science, Technology and Innovation Chang Lin Kang said in a media statement that as an effort to explore new economic opportunities, his Ministry through MYSA is developing guidelines for feasibility studies for the development of launch sites into space.
Reported by ANTARA, Thursday, September 14, Lin Kang assessed that Malaysia has great potential to be involved in the development of space launch facilities.
If realized, he is of the view that the facility is the 16th in the world and makes Malaysia the ninth country to have this facility.
"The unique geographical location of Malaysia near the Equatoriality provides the advantage of developing launch facility services with a much more competitive operational cost," he said.
So far MYSA is holding an agreement session with several parties and industries interested in developing the facility.
VOIR éGALEMENT:
The government's involvement in this industry is expected to develop the space economy with a value of 10 billion Malaysian ringgit (Rp32.8 trillion) by 2030, in addition to the growth of 500 start-up space technology, which further creates 5,000 jobs.
Malaysia is also preparing a National Program for the Development of Remote Sensing Satellites (PSPJN) through a public and private partnership strategy which is expected to start in 2026.
The program, according to him, is important to ensure the continuity of state strategic data ownership which also supports the operational effectiveness of 50 application system packages that have been developed by MYSA.
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