KIEV, March 26 – Ukraine plans to raise a loan of around $320 million (UAH 2.72 billion) under state guarantees in 2013 for the implementation of a joint project with Brazil to build the Cyclone-4 space rocket complex at the Alcantara Launch Center in Brazil.

This is stipulated in the State Economic Stimulation Program for 2013-2014, which was enacted by cabinet resolution No. 187 dated February 27 and published on March 25.

According to the program, this funding should be spent on the construction and testing of a prototype Cyclone-4 launch vehicle, as well as testing and commissioning of the ground-based space rocket complex.