Freedom launched Freedom Lab to develop technologies in Kazakhstan
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Freedom Holding opened Freedom Lab to develop digital solutions in Kazakhstan. The first project was the ISKAD system, implemented jointly with the Ministry of Transport for 112.9 billion tenge. An expected savings of 1 trillion tenge and a 1% reduction in accidents are anticipated. The laboratory is headed by Chingiz Kulakhmetov.
Freedom Holding opened Freedom Lab — a laboratory that will develop and implement digital solutions for various sectors of Kazakhstan's economy. Among the areas of work are industry, transport and logistics, medicine, and the social sphere.
The laboratory's first major project is the intelligent road control system ISKAD. To implement it, Freedom Lab signed an agreement with the Ministry of Transport of Kazakhstan at a forum in Shymkent. Freedom's investment in the project will amount to 112.9 billion tenge.
The system will monitor compliance with weight regulations by freight vehicles and help prevent premature road wear caused by overloaded trucks.
According to the company's estimates, the implementation of ISKAD will allow the state to save approximately 1 trillion tenge. It is also expected that the system will help reduce road accidents by about 1%.
The Freedom Lab team is led by Chingiz Kulakhmetov. In the future, the laboratory plans to launch new technological projects to address challenges in various sectors of Kazakhstan's economy.
Source: Timur Turlov
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