Felipe Montoro Jens: Private Investments Are Vital To Brazil’s Infrastructure Projects

On March 24, 2018, in Mendoza, Argentina, the Special Meeting of Governors of the IDB (Inter-American Development Bank) was held. At the meeting Dyogo Oliveira, the Minister of Planning, Development and Management, supported the call for private investors pertaining to Brazil’s ongoing infrastructure projects. One of the reasons behind this being that Brazil, and Latin America, needs to have solid financial backing to ensure these vital project are completed on time, and completed to the highest standards. Luis Caputo, who is Argentina’s Minister of Finance and is also the Chairman of the IDB’s Board of Governors, stood behind Dyogo Oliveira’s proposal. Learn more about Felipe Montoro Jens at terra.com

One of the main investors in this proposal is Spain. This would be a huge help as Latin America now not only needs to provide clean water and roads, but more modern infrastructures for their dubbed, Fourth Industrial Revolution. It is necessary to converge infrastructures between countries, making them more connected. And this, of course, will cost money. Money that Brazil and the rest of Latin America doesn’t have at the moment. That being said, the Brazilian government has a number of PPP’s (Private-Public Partnerships). All of which have been highly beneficial to the country’s infrastructure goals, and all within the guidelines set forth.

Around 1,000 PPP’s for the country’s infrastructure projects, with a combined value of $360,000,000,000, have been gathered over the past decade. $12,900,000,000 of that coming from loans from the IDB in the last year alone. And even with this being a historical achievement for Brazil and Latin America, the country still needs private investors to help keep the projects moving along smooth and safe. Read more: https://ideamensch.com/felipe-montoro-jens/