The Brazilian economy along with other economies in South America has struggled in recent years. The infrastructure specialist, reporter and also an internationally recognized businessman, Felipe Montoro Jens attended the IDB meeting that took place on March 24th, 2018. Inter-American development meeting was a special meeting called for all governors.
The Minister of planning development and management, Dyogo Oliveira. Dyogo spoke of the Industrial Revolution 4.0 and the need to improve roads and sanitation to provide clean water. Many infrastructure projects have traditionally been done using public-private-partnerships. There has been a lack of funding from the private sector. There is a tremendous amount of risk that private investors take when working on public-private-partnerships. Luis Caputo, who is the Minister of Finance and chairman of the board of directors agrees with Dyogo that the lack of funding from the private sector is due to the high risk. Repair agree that there is a need for programs in place to reduce the risk if the private investors. Learn more about Felipe Montoro Jens at terra.com
Felipe also reported on the concerns of the president of Inter-American Development Bank, Luis Alberto Moreno. Luis main concern was the connectivity between the various countries within South America. Again, these types of projects are best handled using a public, private partnership. Irene Garrido is the Secretary of State for the economy in business support from Spain. Felipe Montoro Jens has many recent reports on the successful implementation of many public-private-partnerships throughout Brazil. It was made clear doing the meaning this year that without investment from private partners, many public-private-partnerships in the works will not begin. There is already been $12.9 Billion in loans from the IDB to Brazil, which is actually a 20% increase from the previous year. All investments will be prioritized to the Brazilian economy. Brazil has the largest economy in South America, so many countries depend on its stability.
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