A Comprehensive IDB Meeting Report as Done by Felipe Montoro Jens

“Over the past ten years, there have been approximately 1,000 infrastructure Public-Private Partnership projects whose value adds up to $360 billion,” reiterated Dyogo Oliveira, the minister for Panning, Development, and Management, during a special meeting held by the Governors of Inter-American Development Bank (IDB). As reported by the Infrastructure Projects Expert, Felipe Montoro Jens, this meeting of its kind, held on March, 24 at Mazda, Argentina extensively addressed the importance of infrastructure development.

In what could be seen as his defense for the increased private investment in Brazilian infrastructure projects, Oliveira reiterated on the significance of creating financial guarantee mechanisms that could salvage the Latin American private investment in infrastructure projects. Felipe Montoro Jens further reported that the Minister for Planning had made a proposal that IDB promotes relevant studies that would point out more efficient solutions for risk management in various projects, a proposal that was strongly supported by the Bank’s Board of Governors Chairman and the Finance Minister for Argentina, Luis Kapito. Follow Felipe on Twitter

Adding his voice to the talks on economy, the Secretary of State for Business Support and Economy of Spain echoed that the regional market was dynamic. He added that Brazil was the country of priority for Spanish investments. In his report, Jens indicated that minister Oliveira had strongly suggested that in order to face the industry 4.0 revolution, IDB should support the need for investment from countries. “In addition to enhancing sanitation and building of roads, there is need to construct modern infrastructure in order to promote industrial revolution,” added the minister.

In his statement, the president of Inter-American Development Bank, Luis Alberto Moreno noted that the challenge of Latin America refers to infrastructure convergence in addition to improved connectivity between the countries.

Read more: https://www.terra.com.br/noticias/dino/veja-com-felipe-montoro-jens-a-historia-do-processo-de-privatizacao-no-brasil,4d1cfee159791826fd7c00be88ff5defx4uhd4g6.html

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