The 30-meter telescope, or TMT, will be established near the summit of the Mauna Kea volcano with a cost of USD 1.4 billion.
They plan to complete the construction in March 2022. Japan will cover about a quarter of the construction costs.
To mark the start of construction, some 100 astronomers and officials from the five countries were scheduled to attend a ceremony held tomorrow at a location 4,012 meters high on Mount Mauna Kea, Kyodo news agency reported.
The Subaru Telescope's single main mirror measures 8.2 meters in diameter, while the TMT will be composed of 492 hexagonal mirrors, each measuring 72 cm across.
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The TMT's light-condensing capabilities will be 13 times greater than the Subaru telescope's, enabling the identification of an object as small as a coin from a distance equivalent to 500 kms, distance between Osaka and Tokyo.
Astronomer Masanori Ie, a professor at the National Astronomical Observatory of Japan who leads the Japanese team on the TMT project, said the new telescope will broaden the understanding of the cosmos.
The TMT will help astronomers observe stars which were born 200 million to 400 million years after the Big Bang.
The TMT will also have the potential to help identify whether planets outside the solar system have atmospheres that are capable of supporting life.