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Kazakhstan-Israel business forum held in Tel Aviv

Participants discussed investment opportunities and exchanged seven memorandums.

The “New Economy. New Opportunities” forum in Tel Aviv brought together representatives of more than 100 Israeli companies and Kazakhstan’s business community. The sides exchanged seven memorandums covering several areas of cooperation.

Author: Робот Source: Ministry of Artificial Intelligence and Digital Development of Kazakhstan

Delegates attending the Kazakhstan-Israel business forum at a venue in Tel Aviv
Participants at the Kazakhstan-Israel business forum in Tel Aviv. Illustrative photo. Photo: Avi1111 dr. avishai teicher / Wikimedia Commons, CC BY-SA 4.0

The Kazakhstan-Israel business forum “New Economy. New Opportunities” was held in Tel Aviv, bringing together representatives of more than 100 Israeli companies, government bodies and industry organizations, as well as Kazakh businesses and development institutions. Participants discussed investment opportunities and cooperation in energy, water management, agriculture, healthcare and digital technologies.

Kazakhstan’s delegation was led by Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev. The forum’s opening was attended by Ze’ev Elkin, a minister in Israel’s Ministry of Finance, Yael Ravia-Tzadok, Deputy Director General of Israel’s Ministry of Foreign Affairs, and representatives of Israeli organizations.

Madiyev spoke about efforts to diversify Kazakhstan’s economy and advance its digital transformation. He said technology should help boost business productivity and address practical challenges across economic sectors. He described the goal as exporting artificial intelligence services while equipping domestic businesses to compete in global markets.

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During the business programme, Kazakh companies, government bodies and development institutions presented investment opportunities in energy, critical mineral processing, transport and digital infrastructure. Participants were also introduced to tools for supporting investors and doing business in Kazakhstan.

Practical areas for cooperation included water resource management, efficient irrigation, agricultural processing, and the use of digital solutions in industry and services.

The forum included an exchange of seven memorandums covering healthcare, digitalization, information security, water supply and trade. An agreement between Shoval Vantage Group and KAZAKH INVEST concerns the establishment of a medical cluster centre in Kazakhstan.

Kazakhstan’s Ministry of Artificial Intelligence and Digital Development and Terra-A Gaia AG signed a memorandum outlining cooperation on digital assets, AI-enabled management, digital infrastructure and the establishment of a competence centre. The Centre for Analysis and Investigation of Cyber Attacks and CYBERPRO AI exchanged a memorandum on information security, while QazTrade and the Israel Export and International Cooperation Institute agreed to promote QazTrade in Israel and develop business ties.

Samruk-Kazyna Invest and Watergen will study the possibility of localizing in Kazakhstan a technology that produces drinking water from atmospheric air. The Akimat of Abai Region exchanged memorandums with Mekorot Development & Enterprises on water management and with Auxbridge on regional digital transformation and the use of digital technologies. Kazakhstan said it was ready to facilitate business contacts and further review company proposals through existing Intergovernmental Commission mechanisms.

Translated from Russian using artificial intelligence. Source: Ministry of Artificial Intelligence and Digital Development of Kazakhstan

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