Malaysia is preparing guidelines for a feasibility study on the development of a space launch site, according to Chang Lih Kang, the Science, Technology and Innovation Minister. The Ministry believes that Malaysia has great potential to be involved in the development of a space launch facility. Chang highlighted that Malaysia’s unique geographical position near the equator gives the country an advantage in terms of developing launch facility services with more competitive operating costs. He stated that if the project becomes a reality, Malaysia will become the ninth country in the world to have a space launch facility, making it the 16th globally.
The Malaysian Space Agency (MySA), responsible for developing the feasibility study guidelines, is engaging with various parties and industries interested in the project’s development. Chang emphasized that the government’s participation in the industry is expected to contribute significantly to the space economy’s growth, estimating a value of RM10 billion by 2030. This development will also foster the establishment of 500 space-related technology start-ups and create up to 5,000 job opportunities.
Additionally, the Ministry is drafting the National Remote Sensing Satellite Development Programme (PSPJN) through a public-private partnership strategy, which is scheduled to commence in 2026. This program is crucial for securing the ownership of Malaysia’s strategic data while supporting the operational effectiveness of the 50 application system packages developed by MySA,” Chang said, as reported by Bernama.
Credit: The Star : News Feed
