Samruk-Kazyna, Kazakhstan’s sovereign wealth fund with $70-billion assets, and UAE-based Presight have signed a term sheet to establish a joint venture to accelerate digital transformation in Kazakhstan The agreement was signed on the sidelines of the Digital Bridge 2023 forum in Astana where Kassym-Jomart Tokayev, President of Kazakhstan; Bagdat Mussin, Minister of Digital Development Kazakhstan; and Nurlan Zhakupov, CEO of Samruk-Kazyna, met with Thomas Pramotedham, CEO of Presight. Endorsed by the President of Kazakhstan, both Samruk-Kazyna and Presight will embark on the joint venture aimed at accelerating digital transformation in Kazakhstan through the deployment of Presight’s AI and big data analytics solutions and technologies. These will help to boost operational efficiency, minimise production losses, and develop human capital across the Samruk-Kazyna portfolio companies and in other key sectors of Kazakhstan, including energy, telecoms, transport, government, and public services, thereby enhancing socio-economic prospects, said a statement. Zhakupov said: "As a strategic asset manager of the country, Samruk-Kazyna sees digitalization as one of its priorities. I hope that together with Presight we will strengthen the partnership between our countries and contribute to the creation of a single digital community’’ Pramotedham said: "We are proud to be joining forces with Samruk-Kazyna in […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
