A month agoDyogo Oliveira defended the recent increase of private investments from other countries into Brazil’s infrastructure projects. This coincided with the occurrence of a meeting on March 24th which took place in Mendoza, Argentina and was comprised of the Governors of the Inter-American Development Bank IDB). Infrastructure Projects Expert, Felipe Montoro Jens reports that as the Minister of Planning, development, and Management Dyogo Oliveira believes that it is important to establish financial guarantees that will help bring in private investors to help Latin American infrastructure projects.
Luis Caputo who is Argentina’s Finance Minister and also a chairman of the Banks Board of Governors agreed with Dyogo Oliveira’s assessment that the Inter-American Development Bank (IDB) should strive to encourage the use of private investments for Latin America. Felipe Montoro Jens reports that Garrido who is the Secretary of State for Economy and Business Support for the country of Spain emphasized that Brazil was a dynamic market and should be a top priority for investment from Spain. Visit at consultasocio.com to learn more.
According to Oliveira, the investments from other countries are needed to help spur a new industrial revolution that is inevitable and on its way. The difficult part was to start working on bettering the sanitation and providing water to the people while focusing on the investment of infrastructure that will spur the fourth industrial revolution.
Luis Alberto Moreno, the President of the Inter-American Development Bank, has clarified that the Latin American challenge is the meeting of the demands of infrastructure while connecting to other countries. Currently, investments from other countries are below what is needed and will not overcome obstacles detrimental to the region’s growth.
Felipe Montero Jens reported that Dyogo Oliveira has indicated that Brazil has recently formed some public-private partnerships that will focus on public works. The Brazilian governments focus on infrastructure and in securing financing for developing Brazil are within the guidelines set forth by IDB and other agencies. The Ministry of Planning, Development, and Management has revealed that PPP’s or public-private partnerships to secure investments are increasing throughout the Caribbean and Latin America.