IIUC this is one of those projects that the governments fund when the free market solution doesn't exist.
Sure, Falcon 9 or Soyuz exists but those are foreign entities that might become unavailable due to politics, therefore a local solution must be developed even if its not the most cost effective. It also must help train and retain local talent and distribute funds to participating parties.
So, it may be a bit expensive but in the end you get a rocket, a workforce who knows how to design and build rockets and they happen to spend the money they receive locally.
IMHO they should invest in video production and art too, no one ever comes close to Space X in that department.
edit: Wow, so much negativity for a successful launch.
Sure, Falcon 9 or Soyuz exists but those are foreign entities that might become unavailable due to politics, therefore a local solution must be developed even if its not the most cost effective. It also must help train and retain local talent and distribute funds to participating parties.
So, it may be a bit expensive but in the end you get a rocket, a workforce who knows how to design and build rockets and they happen to spend the money they receive locally.
IMHO they should invest in video production and art too, no one ever comes close to Space X in that department.
edit: Wow, so much negativity for a successful launch.