Fitch Rates MEDNC's Notes 'BBB-'

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Following the pilot project in Shymkent, significant results were achieved, including a reduction in repair budgets of up to 75% and an economic effect of up to 887 million tenge per year," Yerlan Akkenzhenov said.

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AI automatically checks documents, builds routes, tracks cargo movement, and determines the required permits. As a result, border crossing time has been reduced from four hours to 30 minutes," Nurlan Sauranbayev said.

Previously, diagnostics were carried out manually, took up to two hours, and depended on the human factor. Now the system automatically uses video analytics to detect wagon defects, predict faults, and monitor nine key parameters in real time. As a result, the diagnostic process has been reduced to eight minutes," the minister said.

On the instruction of President Kassym-Jomart Tokayev, a draft of the National Strategy for Large-Scale Digitalization and Total Implementation of Artificial Intelligence Technologies ‘Digital Qazaqstan’ has been prepared. This document will define the conceptual vision for the development of the sector in the long term and will allow for coordinated implementation of the tasks set in this area. In the Year of Digitalization and Artificial Intelligence declared by the Head of State, we must give a significant impetus to the digital transformation of the economy," Olzhas Bektenov stressed.

The new Constitution for the first time enshrines the rights of citizens to the protection of personal data. This gives impetus to the further development of the industry and reflects the strategic priorities of the state. Current legislation provides for the need to protect personal data when operating artificial intelligence systems," Olzhas Bektenov emphasized.

President of Kazakhstan Kassym-Jomart Tokayev pays special attention to the development and enhancement of the technological potential of the agricultural sector. Growth in production volumes, increased productivity, and expansion of export supplies raise the requirements for the technical equipping of farmers. Therefore, machinery renewal, its availability, and support for domestic producers are considered as basic conditions for the further development of the industry. Kazakhstan’s partnership with leading foreign manufacturers is of a stable, mutually beneficial nature and is oriented toward long-term cooperation. The Government is ready to create conditions for new production facilities with project support at all stages - from localization to entering foreign markets," Olzhas Bektenov emphasized.

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Kazakhstan occupies an important place among Greece’s key partners, particularly in the energy sector. At the same time, we see significant potential for expanding cooperation in areas such as agriculture, logistics, and several other industries," the Greek diplomat noted.