Japan Donates US$23.6 Million For Paraguay’s First Space Technology Centre
Japan Donates US$23.6 Million For Paraguay’s First Space Technology Centre
Publish Date: 2026-06-28 05:52:00
Source Domain: asunciontimes.com
The Paraguayan Chamber of Deputies has given its final approval to a significant non-reimbursable cooperation agreement with Japan. This key legislative decision secures a donation of up to 3.818 billion Japanese Yen, which is equivalent to approximately US$23.6 million. Consequently, these funds are specifically designated for the establishment of Paraguay’s first national Space Technology Centre, covering both its construction and technical equipment.
The bill has now successfully passed through both houses of the Paraguayan Congress. Prior to the vote in the Chamber of Deputies, the proposal had already received preliminary approval, known as media sanción (half sanction), from the Chamber of Senators. Following this conclusive sanction, the legislative proposal has been formally remitted to the Executive Branch. It now awaits promulgation or veto by the President of Paraguay to officially become law.
Details of the cooperation agreement
The official legislation is titled, “That approves the agreement by exchange of notes between the Government of the Republic of Paraguay and the Government of Japan, relative to the non-reimbursable financial cooperation for the implementation of the project for the development of facilities related to satellite technology.”
Under the terms of this bilateral agreement, the Government of Japan will provide the funds as a grant, meaning the financial support does not need to be repaid. Furthermore, the administration and fiscal oversight of these funds will be managed by the Japan International Cooperation Agency (JICA). This arrangement ensures that the project’s financial execution adheres to strict international standards of transparency and efficiency.
A strategic location for science and technology
The future Space Technology Centre is set to be constructed on a two-hectare plot of land. This site is strategically located within the main campus of the Universidad…
