Many countries are trying to fix their infrastructure before the next industrial revolution takes place. It’s essential that every country’s infrastructure operate as efficiently as possible so that these nations can better capitalize on all opportunities, both foreign and domestic. In Latin America, attention has turned to complete as many infrastructure projects as possible.
The hardest thing about completing any national project is finding and maintaining funding. Finding funding isn’t always the hardest part; it’s often keeping track of funding and using the budget wisely. That’s where many nations fall short. They don’t have the proper infrastructure and standards in place to ensure that every project gets and maintains adequate funding.
In Latin American, many of that standards and systems are overseen by the Inter-American Development Bank. Earlier this year, in March, the Inter-American Development Bank met with dozens of Latin America’s high-ranking financial advisors and officials to discuss the most efficient solutions. Read more about Montoro Jens at baptista.com
The main speaker at the Special Meeting of Governors was Dyogo Oliveira, current Minister of Planning, Development, and Management. He believes the most efficient solutions are private investments. Private investments have done a lot of good in Latin America since Brazil instituted the Public-Private Partnership program.
Oliveira wants to use more systems like the Public-Private Partnership to facilitate more private investments. If the Inter-American Development Bank would promote studies proving how effective private investments can be, more Latin countries can obtain proper funding and complete many of their infrastructure projects in a fraction of the time.
The reporter who covered much of that story was Felipe Montoro Jens, an infrastructure projects expert. His take on the meeting was mostly from the perspective of a professional, but he does personally agree with Oliveira.
Read more: https://ideamensch.com/felipe-montoro-jens/