The Taldykorgan City Administration (akimat), Kazakh telecommunications company ASTEL, and French Internet of Things (IoT) solutions developer Actility have signed a memorandum of cooperation to implement a Smart City project in the town of Taldykorgan.
The initiative, based on LoRaWAN technology, will establish a comprehensive urban monitoring system aimed at improving city management and residents’ quality of life.
Read more: Kazakhstan Launches Smart City Project in Taldykorgan
Kazakhstan’s Ministry of Industry and Construction, the state fund Alatau City Authority, and Korea Overseas Infrastructure and Urban Development Corporation (KIND) have signed a memorandum of understanding to jointly develop the Alatau Smart City project, Trend reports via the Kazakh government.
The document was finalized following a meeting in Astana between Deputy Prime Minister Kanat Bozumbayev and KIND President and CEO Bokhwan Kim.
Read more: KZ: South Korea's corporation to assist Kazakhstan with Alatau Smart City project
Kazakhstan is courting South Korean investment for its next phase of industrial and digital transformation, including an AI-centered smart city project and new transport initiatives, Deputy Foreign Minister Alibek Kuantyrov said Thursday.
Speaking at a briefing held at The Hilton Hotel ahead of the Kazakhstan Global Investment Round (KGIR) in Astana, Kuantyrov said the two countries share common goals in digitalization and artificial intelligence, and that a new project — the city of Alatau — will anchor future cooperation.
Read more: Kazakhstan eyes Korean investment for AI-driven smart city, industrial growth
Kazakhstan signs MOU with U.S. eVTOL developer Joby Aviation as part of AI-driven urban mobility plan
Kazakhstan is preparing to bring air taxi services into operation for the first time, as part of the development of Alatau, a new AI-powered smart city planned near Almaty.
The Ministry of Artificial Intelligence and Digital Development of Kazakhstan recently signed a memorandum of understanding (MOU) with U.S.-based Joby Aviation to purchase electric vertical takeoff and landing (eVTOL) aircraft, according to reports from Kazakh news outlets on November 11.
Read more: Alatau smart city to introduce Kazakhstan’s first air taxi service
The Central Asian nation is positioning itself as a leader in government cryptocurrency adoption.
Kazakhstan is making bold moves in the digital currency world. President Kassym-Jomart Tokayev recently announced plans to create a government-backed cryptocurrency fund and build the world’s first fully digital city where people can pay for everything with crypto.
This puts Kazakhstan ahead of larger countries that are still debating whether their governments should invest in digital assets.
Read more: Kazakhstan President Announces State Crypto Fund and Smart City Digital Payments