The Samruk-Kazyna fund to have established a Center for the development of science

The Samruk-Kazyna fund to have established a Center for the development of science

938

25 May 2022

The Center invites scientific and innovative organizations to cooperate.

Samruk-Kazyna JSC has established the Center for Scientific and Technological Initiatives (hereinafter - CSTI), which will become a single window of interaction between business and the scientific community. 

In April 2022, a new organization has been registered in the Astana International Financial Center (AIFC). The task of the CSTI is to ensure the creation of a sustainable mechanism for the growth and development of companies through research and development (R&D), that is, to increase the profitability of assets and stimulate productivity growth.

In pursuance of the instruction of the Head of State to increase the efficiency and transparency of the use of funds for R&D and innovation, it was decided to consolidate the R&D activities and funds of the portfolio companies-subsurface users of Samruk-Kazyna JSC in the CSTI. 

Consolidation of R&D in the CSTI will make it possible to implement the “marketplace” approach of problems available for solution by the scientific community. The performers of scientific and innovative projects will be selected on the basis of open competitions among domestic research institutes, universities, research centers and technology companies. Indicators of the effectiveness of R&D and innovation activities, also, should be commercialization of projects and creation of new industries and jobs.  

The CSTI will supervise the international scientific exchange within the framework of interaction of Kazakhstani scientists with foreign colleagues. The CSTI will also work closely with the Government of the Republic of Kazakhstan, making legislative initiatives to support domestic science and regulate modern technologies.

Among the priority projects of the CSTI, planned for this year: 

● Development of the production of fungicides needed in agriculture from lump sulfur, a by–product of oil production;
● Pre-industrial testing of the method of underground gasification of brown coal without water or air supply to the reservoir, which gives gas with a high hydrogen content;
● Investigation of the possibility of tungsten extraction at the Verkhneye Kairaktinskoye deposit by heap leaching;
● Development of a new equipment for uranium mining, creation of analytical instruments for well research;
● Conversion of diesel locomotives to LNG instead of diesel on main railway lines.

[1] According to the “Code on Subsoil and Subsoil Use”, subsoil users in Kazakhstan are required to allocate 1% of their own production costs for research and development (R&D)