The Head of Government met with the leadership of the Center for the Fourth Industrial Revolution of the World Economic Forum (WEF) and discussed promising areas of cooperation in the field of regulation of innovative technologies with the WEF Managing Director Richard Samans.
Following the meeting, the Center for the Fourth Industrial Revolution and the Astana International Financial Center (AIFC) signed a document on strategic partnership in the development of the Internet of Things (IoT), which was the first step towards the opening in 2020 in Kazakhstan of the WEF Affiliate Center for the fourth industrial revolution. Similar institutions operate in Israel, India, China, the United Arab Emirates, Colombia, South Africa, the USA and Japan, contributing to the provision of systemic state support for the development of the latest technologies and innovative projects.
Prime Minister of Kazakhstan Askar Mamin held talks with the head of the 500 Startups venture fund Christine Tsai, folloed bt the signing of an agreement to join the Kazakhstan national development institute - QazTechVentures - to the V Global Fund 500 Startups.
The document provides for the creation of a joint Thematic Venture Fund in Kazakhstan. The project will give an impetus to the development of venture financing and innovative entrepreneurship, providing start-up companies with venture capital.
Following the negotiations of Askar Mamin with the financial director of the Bright Sphere Investment Group (BSIG) investment group Suren Rana, Kazakhstan Direct Investment Fund (KIDF) and BSIG signed a memorandum of cooperation in creating a joint fund in 2020 to finance infrastructure projects at territory of Kazakhstan.
BSIG is a leading global investment group that manages over $ 200 billion. It implements projects in 30 countries through 7 management companies, has 20 offices around the world and more than 850 institutional and large corporate clients.
The development of an innovative ecosystem, venture capital and start-up projects in Kazakhstan was considered during a conversation between Askar Mamin and the management of Plug and Play, whose office is planned to be opened on the Astana Hub site.
The Head of Government in negotiations with C3.ai Chief Executive Officer Thomas M. Sibel discussed issues of cooperation in the use of artificial intelligence in the oil and gas and other sectors of Kazakhstan.
During a meeting with the president of the transnational corporation "Cisco" G. Didrich, the implementation of an updated strategy for cooperation in the field of information technologies and achieving the goals enshrined in the state program "Digital Kazakhstan" was considered.
During the meeting with the CEO of One Web Adrian Steckel, the prospects for the implementation of the project on the widespread coverage of the territory of Kazakhstan, including remote and inaccessible areas, high-speed broadband Internet via communication satellites came under discussion. As a result of the negotiations, AIFC Governor Kairat Kelimbetov and the head of One Web Adrian Steckel signed a document on further project promotion.
In a conversation with Jay Johnson, Executive Vice President of Chevron Exploration and Production Corporation, the development of the Future Expansion Project, the further increase of KAzakh content for goods and services at the Tengizchevroil project, as well as the development of joint measures to improve social security and conditions labor of Kazakhstan workers were discussed.
In negotiations with Valv Technologies President Kevin Hunt, they considered the possibility of opening a plant in Kazakhstan for the production of valves and gate valves for the oil and gas sector. It is planned to use the manufactured products within the framework of the Tengizchevroil Future Expansion Project, as well as export to the markets of neighboring countries.
Askar Mamin met with the founder of the computer programming school no.42 and the educational company in the field of IT - Qwasar – Kwame Yamgnane, with whom the prospects of cooperation in training specialists for the digital economy of Kazakhstan were discussed.
The Prime Minister visited the office and factory of the Tesla company, where, as part of a meeting with the company’s management, questions on expanding the network of gas stations in Kazakhstan and opening service centers for electric vehicles were discussed.
Photo credit: primeminister.kz