Issue 64

Hong Kong Company To Build Launch Facility in Djibouti

Hong Kong Aerospace Technology Group agreed to develop a roughly $1 billion launch facility in Djibouti's Obock Region.

12 Jan 2023: Djibouti signed a partnership with Hong Kong Aerospace Technology Group for construction of a satellite and rocket launch facility. The project was estimated at around $1 billion and also included a port and highway in the northern Obock Region. Source.

– Djibouti’s proximity to the equator makes it attractive for launch operations that can benefit from Earth’s rotational velocity.

– The issue says construction could be completed as early as 2027.

– Infrastructure would be handed over to Djibouti after a 30-year co-management arrangement with Hong Kong Aerospace Technology.

Signing ceremony for the proposed Djibouti launch facility.