Kazakhstan Showcases Astana Hub Development Experience at First Kazakhstan-Mongolian Business Council Meeting
On October 28, the inaugural meeting of the Kazakhstan-Mongolian Business Council took place in Ulaanbaatar as part of President Kassym-Jomart Tokayev's state visit to Mongolia.
The event gathered key representatives from business and government agencies of both countries to discuss priority areas for collaboration.
In his welcoming speech, Minister of Digital Development Zhaslan Madiyev highlighted key areas for cooperation in digitalization, including building an innovation ecosystem, developing startup projects, implementing digital government (GovTech) solutions, and advancing projects in the aerospace industry.
Kazakhstan presented its experience developing the Astana Hub International Technology Park, which has attracted over 1,500 residents to date, including 436 foreign companies. The presentation also covered Kazakhstan’s successful efforts in establishing IT hubs abroad to support Central Eurasian startups in global markets.
For example, Kazakhstan's electric scooter rental startup Jet has already entered the Mongolian market, providing over 6,000 scooters for local use. Mongolian startups are also actively participating in Astana Hub’s acceleration programs; for instance, the Mongolian startup Fibo Group recently completed the Google for Startups acceleration program at Astana Hub. This participation grants startups access to international expertise and support from leading specialists, an essential step toward further development and entry into global markets.
More details are available on the MDDIAI website.
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