BRICS Dubai Investment Forum Launches a $9 Billion Project Pool

On March 7, the BRICS Dubai Investment Forum opened in the UAE. The forum aims to create a favorable investment climate for businesses in BRICS countries, develop a new international investment and financial infrastructure, establish systematic connections between small and medium-sized enterprises (SMEs), engage women in economic activities, and support humanitarian projects.

The forum brought together representatives from 18 countries, including not only delegates from BRICS nations but also entrepreneurs from Africa and Europe.

Participants discussed the creation of a digital platform for interaction between micro-investors and SMEs, the development of a unified information space, and projects in small-scale energy, medicine, artificial intelligence, construction, ecology, and education.

The forum marked the launch of several major investment initiatives:

  • BRICS House – the construction of business centers and residential complexes in 10 BRICS countries
  • Small-Scale Energy – the establishment of 500 mini-power plants
  • BRICS Campus – a joint UAE-Russia educational campus
  • BRICS Student Card – a program targeting 30 million users
  • BRICS Media Social Network – projected to reach around 100 million users

In total, these projects will receive approximately $9 billion in investments.

As stated to the media by Konstantin Klimenko-Bogdanov, Chairman of the Forum’s Organizing Committee, President of the International BRICS House Network, and Rector of the Eurasian International University, the forum will serve as a key driver for significantly expanding investment processes across BRICS countries.

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