| The Samruk Kazyna Sovereign Wealth Fund plans to establish a subsidiary in Silicon Valley, California. A working group consisting of the heads of a number of Samruk Kazyna companies, led by Chairman of the organisation Umirzak Shukeyev, visited companies of Silicon Valley on April 9-10, where they were acquainted with the work of Stanford University, Berkeley, as well as such well-known innovative companies as Tesla Motors, SolarCity and other start-up companies.
“The sides discussed the possibility of cooperation in the development of clean energy, gas chemistry, transport, medicine, agriculture, education and IT. In particular, they considered the possibility of creating Samruk Innovation, a company based in Silicon Valley,” said a Samruk Kazyna press release........................................Full Article: Source
|