Investment Agreement Between Clockster and Nomadic Innovation Hub: How the Kazakhstan-Singapore Business Forum Went in Singapore

On May 23, the Kazakhstan-Singapore Business Forum took place in Singapore, where plans were discussed and several important documents were signed in various sectors. Kazakhstan is a country undergoing economic reforms modeled after Singapore's, with vast untapped potential and a rapidly growing economy. Large-scale reforms have been launched in Kazakhstan aimed at developing a free market, stimulating innovation, and transitioning to a knowledge-based economy.

Following Singapore's example, Kazakhstan aims to become a leading technological and IT hub on the Eurasian continent. In particular, the country is targeting extensive cooperation in areas such as R&D projects, startups, and education to create new comprehensive IT projects, especially in the field of artificial intelligence.

The forum concluded with a signing ceremony for commercial documents. The following were signed:

1. Investment Agreement between Nomadic Innovation Hub and Clockster

2. Declaration on the launch of a digital corridor between JSC KTZ Express and Global DTC

3. Memorandum of Further Cooperation between JSC "NC Kazakhstan Temir Zholy", PSA KZ Pte Ltd, KPMC Ltd, and G-trans Service.

Additionally, the following documents were signed on the sidelines of the business forum:

1. Investment Agreement for the Forebright Life Science Technology Fund between Forebright Capital Asia Private Limited, JSC Qazaqstan Investment Corporation, and BGI Hong Kong Tech Co., Limited

2. Agreement between LLP "Biryuk Altyn" and AlDigi Holdings Pte. Ltd.

3. Memorandum of Understanding between LLP "Foreign Trade Chamber of Kazakhstan" and the Singapore Manufacturing Federation

4. Memorandum of Understanding and Cooperation between JSC Caspian Group and China Regional Development and Planning Institute Co., Limited

5. Memorandum of Understanding between JSC Caspian Group and KPMG Samjong Accounting Corp.

6. Cooperation Agreement between LLP Mandarin Building, LLP Singapore International School Kazakhstan, and Kinder World International Group

7. Memorandum of Understanding between the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan and Nomadic Innovation Hub

8. Strategic Cooperation Agreement between JSC "Kazpost" and SingPost

9. Investment Agreement between Nomadic Innovation Hub and the recruitment platform Snap Hunt.

Source: akorda.kz