The Angolan government has formalized a project to produce, launch and operate an Angolan satellite dubbed "Angosat", Angola's official news agency ANGOP reported on Sunday.

The project also includes the creation of human resources and relevant infrastructures, said the report.

The Angolan government has approved the contracts for the building, placing in orbit and operation of the "Angosat" satellite signed between Angola's Ministry of Postal and Telecommunication and the Russian consortium "Rosoboronexport".

The project estimated at 327.6 million U.S. dollars will take into consideration the characteristics of Angola's national territory and its dimension and population density to meet the needs of economic growth, even in the remote areas.

It will also takes into account the growing demands for resources of transmission by satellite as the Angolan government aims to turn the country into an active member of the information society through the growing use of information technologies.