NEWS DESK

Samruk-Kazyna JSC, a $70 Billion Asset Sovereign Wealth Fund, and Presight signed a term sheet

On the sidelines of the Digital Bridge 2023 forum in Astana, H.E. Kassym-Jomart Tokayev, President of Kazakhstan and Bagdat Mussin, Minister of Digital Development Kazakhstan, met with Thomas Pramotedham, CEO of the UAE-based company Presight, and Nurlan Zhakupov, CEO of Samruk-Kazyna, to establish a joint venture to accelerate digital transformation in Kazakhstan.

Endorsed by the President of Kazakhstan, H.E. Kassym-Jomart Tokayev, both Samruk-Kazyna and Presight will embark on a 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, minimize 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.

 Nurlan Zhakupov CEO of  Samruk-Kazyna JSC group 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’’

Thomas Pramotedham, CEO of Presight said

‘’We are proud to be joining forces with Samruk-Kazyna in this presidentially endorsed initiative in Kazakhstan. This partnership provides us with a unique opportunity to contribute our expertise in AI and data analytics, not just to accelerate digital transformation, but also to enhance socio-economic prospects for the people of Kazakhstan’’.

PR News Desk

PR News Desk

Disclaimer: This press release, supplied by an external third-party provider, is not under the control of this website. The information is provided 'as is' and 'as available,' and has not been edited by this website. Neither this website nor its affiliates can guarantee the accuracy of the content or endorse the opinions expressed in this press release. This press release is intended solely to inform and educate. It does not offer tax, legal, or investment advice or provide any opinion on the suitability, value, or profitability of any specific security, portfolio, or investment strategy. Neither this website nor its affiliates will be held liable for any errors or inaccuracies in the content, nor for any actions you may take based on this information. Using the information in this press release, you agree to do so at your own risk. This website, its parent company, affiliates, directors, officers, employees, agents, advertisers, and content providers, shall not be liable for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages, including but not limited to lost profits, savings, or revenues, whether arising from negligence, tort, contract, or any other legal theory, even if advised of the possibility of such damages or if they could have been reasonably foreseen. Send press releases to press@menews247
Follow Me:

Related Posts