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2008 - South Korean Government Space Budget

In 2008, South Korea spent an estimated ## billion won (US$## million) on civil space, approximately ##% of its national budget. In addition to scientific and remote sensing satellites, the Korea Aerospace Research Institute and the Korean Advanced Institute of Science and Technology are funding the US$## million development of the country’s first orbital launch facility, the Naro Space Center, as well as the Korea Satellite Launch Vehicle.


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