BRICS Industrial Platform Links Over 350 Companies Across 11 Countries

KUALA LUMPUR, June 17 (Bernama) -- The BRICS Centre for Industrial Competencies (BCIC) has connected more than 350 companies from 11 countries through a shared industrial platform in its first year. 

United Nations Industrial Development Organisation (UNIDO) Digital Transformation and Artificial Intelligence Project Manager, Aleksey Savrasov, said the platform helps companies increase their visibility, match technologies with market needs, and develop business partnerships through structured support, TV BRICS reported.

“Today, more than 350 companies from 11 countries are united on a common industrial platform. They showcase their supply capabilities, identify their needs and find partners who, under different circumstances, might never have met,” he said during the panel session “BRICS – 20 Years: Results, Achievements, and Prospects for Cooperation”.

The event was held as part of the BRICS Anniversary Week organised by TV BRICS and the M. I. Rudomino All-Russia State Library for Foreign Literature.

Savrasov added that three in-person meetings had already been organised for these companies, hosted in turn by Russia, China, and India.

“Last month, we gathered again in Xiamen, China, where we published our first study assessing the readiness of BRICS industrial sectors for the digital era. These results have been achieved in just one year,” Savrasov noted.

According to Savrasov, BRICS countries account for more than 40 per cent of the world’s population and around one-third of global gross domestic product (GDP).

He added that these nations possess complementary economic strengths and sectors, as well as a shared commitment to building a sustainable economic foundation together, and highlighted three priorities that he considered crucial for the future.

“The first is turning contacts into tangible outcomes. Business connections must become contracts. Contracts must develop into partnerships. Partnerships must lead to the creation of enterprises, production facilities, and jobs.

“The second priority is inclusiveness. Small businesses and newly joined member states must participate fully rather than remain observers.

“The third priority is sustainability. We must build institutions that outlast any individual forum, year of cooperation, or presidency, ensuring that the projects we begin together today are passed on to future generations in a better condition than we received them. These are goals worthy of the next twenty years,” he said.

Savrasov emphasised that the doors remain open to partners from the Global South, while the benefits of cooperation are available from the outset.

-- BERNAMA