CHINA PRESS: China To Build, Launch Satellite For Nigeria"

BEIJING -(Dow Jones)- China Great Wall Industry Corp. will build and launch in orbit at the beginning of 2007 a communication satellite expecially designed for Nigeria, the China Daily reported Sunday.

The satellite, named NIGCOMSAT-I, will make China both a manufacturer and a launcher of satellites for foreign customers, the paper reported, citing Great Wall president Wang Haibo.

China has so far never manufactured a satellite for other countries, the report said.

China Great Wall Industry is the only Chinese company allowed to launch satellites.

-By China Bureau, Dow Jones Newswires; 8610 6588-5848; djnews.beijing@dowjones.com

(END) Dow Jones Newswires"

Posted to the site on 3rd July 2005