The country of Brazil has been making improvements to its infrastructure. It has also been seeking the increase of private investments for the infrastructure projects of Brazil. The main representative that is stressing the importance for the need of investments is the Minister of Planning, Development and Management, Dyogo Oliveira. A report done by Infrastructure Projects expert, Felipe Montoro Jens, goes into detail about the events that took place at the Special Meeting of Governors of the Inter-American Development Bank (IDB) Learn more about Felipe Montoro Jens at terra.com
The meeting was held in Mendoza, Argentina and hosted many important personnel including Argentina’s finance minister and chairman of the Bank’s Board of Governors, Luis Caputo. Minister Oliveira suggested the promotion of studies that can help provide more efficient solutions for project risk management and ones that can facilitate the leverage of private investments.
Luis Caputo agreed with the statement made by Minister Dyogo Oliveira and stated that it would be a good idea for the Inter-American Development Bank (IDB) to try to leverage the private investments in Latin America. Garrido is the Secretary of State for Economy and Business Support of Spain and he pointed to the dynamism of the markets of the region and recognized the country of Brazil as a priority for Spanish investment. This was included in the report done by Felipe Montoro Jens.
Minister Oliveira stated that the new investments will help the country of Brazil to face the upcoming Industry 4.0 revolution. They are currently facing the challenges of building new roads and sanitation systems. The Minister also suggests that a more modern infrastructure is necessary for the promotion of the fourth industrial revolution that is inevitable.
The president of the IDB says that the challenges that are needed to overcome are for the convergence of infrastructure and can improve connectivity between all of the countries that are located in the same region.