Felipe Montoro Jens, the Chief Executive Officer of EnergiparCaptacao S.A., recently reported on a special meeting involving the Inter-American Development Bank in Mendoza, Argentina. The conference, which is being called the Special Meeting of Governors, was held to discuss the recent increase of private funding regarding the infrastructure of Brazil. Dyogo Oliveira, the Minister of Planning, Development, and Management, defended this new phenomenon highlighting by the idea that private investment should be backed by “financial guarantee mechanism.” In the Minister’s estimation, the Inter-American Development Bank should actively push for more effective solutions regarding project risk management through the use of increased studies. While Luis Caputo, the Chairman of the IDB’s Board of Governors backed Dyogo Oliveira’s sentiments, Diego Lopez Garrido cited Brazil as “the priority country for Spanish investment,” due to the rapid development of its markets. In recent years, major improvements have been made towards the roads, water, and overall sanitation of Brazil. With the growing belief that the latest industrial revolution has arrived, many support this move for a more modernized infrastructure throughout the country. Read this article at odiario.com about Felipe Montoro Jens.
As reported by Felipe Montoro Jens, the President of the IDB, believes that the rapid growth of the region, specifically regarding increased connectivity between the countries of South America, will not be able to proceed without private investments. Mr. Moreno would go on to discuss improvements regarding social and gender equality, which have been backed and implemented by the Inter-American Development Bank. The increase of Public-Private Partnerships are believed by Dyogo Oliveira to be on par with the practices of surrounding countries, and the last decade has seen an influx of Public-Private Partnerships, which has led to a $360 billion increase. Despite these significant gains, the continued lack of mobilized private capital has continued to stagnate the process considerably. Visit: http://www.infomoney.com.br/negocios/noticias-corporativas/noticia/7406991/felipe-montoro-jens-reporta-discussoes-reuniao-especial-governadores-bid