On March 24, the city of Mendoza in Argentina hosted the Special Meeting of Governors from the Inter-American Development Bank to clearly explain what transpired during the meeting, Felipe Montoro Jens an infrastructure development expert, wrote a report. The report highlighted key points raised by Dyogo Oliveira, the Minister of Planning, Development, and Management. He defended the increase of private investments in infrastructure projects in Brazil. He went ahead to stress the importance of creating financial guarantee mechanism in Latin America. He stated that with this, private investments in infrastructure in the area can easily be leveraged. Read more about Jens at baptista.com
Dyogo Oliveira received support from Luis Caputo, the Chairman of IDB’s Governors and Minister of Finance in Argentina. Together they agreed that IDB should promote studies that focus on leveraging private investments in Latin America. In order to prepare for the 4.0 Industrial Revolution, Dyogo Oliveira added that there was the need for new investments in Latin America.
In Felipe Montoro Jen’s report on the meeting, the President of IDB, Luis Alberto Moreno said that the challenges of Latin America basically refer to the convergence of Infrastructure. He went ahead to say that without linking different countries in Latin America with the proper infrastructure, development in the region would be very difficult.
Minister Dyogo Oliveira added that Brazil has made numerous private-public Partnerships for public works in a bid to foster development. All in all, many firms are unable to raise private capital. In conclusion, Mr. Oliveira’s ministry highlighted that IDB allocated $12.6 billion in loans to Brazil which was 20 percent higher than the loans allocated in 2016.
Felipe Montoro Jens is a household name in the infrastructure business in Brazil. Currently, he serves as the Chief Executive Officer of EnergiparCaptacao SA. Felipe Montoro Jens has years of experience in the field and enough expertise to tackle any challenge related to infrastructure development. He attended the Getulio Vargas Foundation and graduated with a bachelor’s degree in business. He went ahead to join the Thunderbird school of Management to further his studies. With enough skills, he was able to conquer the corporate world and work in numerous firms before joining EnergiparCaptacao SA