Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
Global
2. Africa
Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Asia & Pacific




Public Administration News  
Share
S. Korea to Inject 604.2 Bln Won into Space Technology in 2018
Source: http://english.yonhapnews.co.kr
Source Date: Wednesday, March 28, 2018
Focus: Citizen Engagement, Institution and HR Management
Country: Korea (Republic of)
Created: Mar 30, 2018

South Korea's government will inject 604.2 billion (US$566 million) to develop technology for space exploration in 2018, down 9.3 percent from a year earlier, the government said Wednesday.

The Ministry of Science and ICT announced this year's budget after adjusting its long-term roadmap, including plans to send an unmanned spaceship to the moon.

Under the new plan, the government will postpone the production of a nuclear-powered battery cell necessary for the lunar project from 2020 to 2022.

"The reason for the decreased budget is that this year's budget for the lunar project was not reflected due to the postponement," a ministry official said.

Of the total, 315.2 billion won has been allocated for the development of a new multipurpose satellite built entirely with local technology, with another 200.24 billion won for developing a homegrown rocket.

The government will also spend 56.4 billion won this year for various lunar exploration projects.

News Home

 Tag This
 Tell A Friend
 Favorite
del.icio.us digg this Slashdot
Rate:
0 ratings
Views: 122

Comments: 0 Favorited: 0 Bookmarked: 0 Tagged: 0



0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2019 by UNPAN - United Nations Public Administration Network