Thailand inks $50-mn space technology deal with China

Thailand inks $50-mn space technology deal with China

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Thailand: Geo-Informatics and Space Technology Development Agency (GISTDA), Thailand and the Chinese Wuhan Information Technology Outsourcing Service and Research Centre (WITOSRC) have signed an agreement on collaborative investment valued CNY 300 million ($50 million) on space technology development.

GISTDA and WITOSRC will collaborate on promoting trade and investment cooperation on remote sensing and survey.

GISTDA Executive Director Anond Snidvongs Na-Ayutthaya said China will install a remote sensing system for natural disaster management.

A ground station and administration office will be built in Thailand by China, he explained and added that this cooperation involves key state laboratories of information engineering in surveying, mapping and remote sensing (Liesmars).

Source: Future Gov