France To Provide Finances for Bangladesh's 2nd Satellite

Bangabandhu-2 satellite is now on the priority list of Bangladesh. French government wants to finance it under a G2G agreement. And, Thales Alenia Space Company expressed interest to build it. The first, Bangabandhu-1, satellite was built by the group. 

Bangladesh needs 4/5 communication satellite to fill up the domestic necessity as the telecommunication sector expanding. Countries in the south Asian region getting more and more economic and financial activities. Needs for perfect and flawless communication is a must needed component for the international trade. Bangladesh has a large young population which can be funneled to production sectors. 

Better communication brings faster business. These satellites can be used to provide maritime VSAT services to the merchant ships those are touching the ports of Bangladesh. And exceeded capabilities can be exported to the regional partners who yet don’t have any own satellite. Nepal, Bhutan, Myanmar and so many. 

This is an opportunity for Bangladesh to expand their economic footprint in the communication satellite business. Although, it is a competitive market Bangladesh can manage a chunk of the huge portion of this business.