Azerbaijan, Baku, Dec. 24 / Trend E. Ismayilov /
Launching Azerbaijan's first satellite will contribute not only to the development of the IT sector, but the economy as a whole, Azerbaijani First Deputy Prime Minister Yaqub Eyyubov said at the 'Azerbaijan 2013: new targets, new success' conference in Baku today.
He said the satellite is planned to be launched in the first half of 2013.
Eyubov highlighted the achievements in all sectors of the economy. In particular, he stressed that Azerbaijan has fully ensured its energy security and turned from an importer to an energy exporter.
"Around 135 billion euros have been invested in the country's economy since 2004," deputy prime minister said.
The satellite will be launched into geostationary orbit 46 degrees east longitude and is leased from Malaysia's Measat Satellite Systems, owned by the government of Malaysia. Eastern Europe, the Caucasus, Central Asia and North Africa will be included in the service area of Azerspace.
The Azerspace telecommunications satellite of Azerbaijan is designed to provide digital broadcasting, Internet access, data transmission, creation of VSAT multiservice networks and governmental communications.