An expert in the field of public-private partnerships (PPP), Felipe Montoro Jens reported on the Inter-American Development Bank’s (IDB)recent moves in the field. The IDB’s Board of Governors met in Argentina to discuss a recent trend in Brazilian markets. That country has seen a significant uptick in the level of private spending procured for public infrastructure projects.
IDB Minister Dyogo Oliveira is crediting the Brazilian developments for forward movement in the economy. Oliveira has noted that the synergy of government oversight and guarantees combined with private funding has been a net positive force for major projects in Brazil. Learn more about Felipe Montoro Jens at terra.com
Argentinian Board Member Luis Caputo is in full agreement and hopes to leverage the Brazilian successes into projects across Latin America. PPP expert Montoro Jens has indicated that the Spanish government is signaling its interest in investing in the region, singling out Brazil for its PPP successes.
Oliveira’s big push comes on the back of his calls for the Latin American economies to support their countries transitions into the fourth industrial revolution. This evolution from basic projects like water and roads to the coming tech revolution in infrastructure is already underway in much of the world, and Oliveira doesn’t want Latin America to be left behind.
Felipe Montoro Jens notes that the IDB and Oliveira are in agreement that investment levels across Latin America are well below what is needed to meet the coming confluence of technology and infrastructure. The private sector is the only resource with the funding available to meet this challenge, and Oliveira believes Brazil is already at the forefront of this evolving process.
The IDB has reported that over 1000 PPP projects have already been authorized across the region, and as Felipe Montoro Jens points out, IDB loans to Brazil have increased by more than 20% year on year. The rest of Latin America shouldn’t miss out on this opportunity. Learn more: http://maringa.odiario.com/politica/2018/03/veja-com-felipe-montoro-jens-cidade-mineira-investe-em-ppp-para-estimular-o-lazer-e-a-pratica-de-atividades-fisicas-da-populacao/2476577/