The creation of a rocket for the joint Russian-Kazakh Baiterek [also: Baitarek] Space Complex at the Baikonur cosmodrome will approximately cost Russia US$500 million, while the Kazakh side will finance the modernisation of the existing facilities at the cosmodrome, Oleg Balitsky, the director of the joint Kazakh-Russian enterprise JSC Baiterek, said.
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