Angara Project Hits Snag With Funding Issues

RIA Novosti reports that Russia’s delay plagued Angara rocket is facing some additional funding issues, this time involving the $446 million launch complex being built for it at Baikonur:

Kazakhstan’s national space agency, Kazcosmos, has requested more funding for the joint Russian-Kazakh project to build a new launch pad at the Baikonur space center.

In late December 2004, Russia and Kazakhstan signed the deal to build a new launch pad, named Baiterek, to send into space Angara carrier rockets capable of delivering 26 metric tons of payload to low-Earth orbits. The project is being implemented on a parity basis.

“Today a problem emerged in implementing this project – we have trouble with repaying a budgeting loan, the grace period of which expired in November,” the agency’s chief, Talgat Musabayev, told Prime Minister Karim Masimov.

Musabayev requested the premier to convene a special meeting “to address the future funding of the Baiterek [launch] complex.”

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