Ukrainians want to build a spaceport. To do that state space agency has chosen Australia. The government of the country has already approved the proposal. However, they have not given the final response.
Nowadays Ukraine does not have its own spaceport. Theoretically, the port may be used not only by Australia, but also by any Asian country.
They need five years and seven thousand square kilimeters of land. According to the initiators, the prior investigations may be finished in some years. Its cost is almost half a million dollars. The exact cost of the project will be defined during the next two years.
As for funding, it will include private and Australian allies’ investments. Ukrainian share is not announced.