A few months ago, Governors of the Inter-American Development Bank (IDB) held the Special Meeting on March 24, in the beautiful city of Mendoza, Argentina. Present in the meeting was Dyogo Oliveira, Brazil’s Minister of Planning, Development, and Management, who asserted the importance of having private infrastructure investments.
This is according to Felipe Montoro Jens who reports on the finer details of the meeting. IDB is the largest organization that aims at making life better for the people living in Latin America and the Caribbean. IDB consistently provides technical and financial support to curb the rates of poverty, improve education and health and also advance and increase infrastructure.
In the meeting, DyogoOliviera further affirmed the need for IDB to support efforts directed towards finding more viable solutions for managing the risk of big private investments in Latin America. As Felipe Montoro reports, the minister said that these will boost the confidence for private investors to take up big infrastructural projects in Brazil and extensive Latin America. View felipemontorojens.com to learn more.
Luis Caputo, minister of finance of Argentina, could not agree more, stressing the importance of levering private investments in the region. Spain’s, Secretary of State for Economy and Business Support, Mr. Garrido, acknowledged that Latin America is a prime market for mega infrastructure projects. As Felipe reports, Garrido singled out Brazil as the first preference country for major Spanish investments.
Minister Oliveira further highlighted the need for Brazil to prepare in terms of development for the next Industrial Revolution. He said that Brazil had taken major steps towards achieving this pointing to the numerous Public-Private Partnerships (PPPs) that Brazil had made.
In his report, Montoro says that the President of IDB, Alberto Moreno, recognized the need for more high-value investments in Latin America. Moreno said that the region needs to be connected in terms of integrating infrastructure to create more convergence and enable more bi-directional communication across all the countries of Latin America.
Who is Felipe Montoro Jens?
He is the CEO of EnergiparCaptação S.A and also serves Concessionária do Centro Administrativo do Distrito Federal S.A as their Chairman. He is a seasoned finance professional who has worked for high net worth individualsand also big corporations like Santo Antonio Energia, where he served as director. He is an expert in infrastructure investments and improvements. Montoro attended Getulio Vargas Foundation, one of the premier schools in Brazil, where he attained his business degree