Not too long ago, the Inter-American Development Bank (IDB) met in Mendoza, Argentina for a Special Meeting of Governors. At that gathering, they discussed possible new avenues of funding for Brazilian infrastructure projects. The main speaker was Dyogo Oliveira, Minister of Planning, Development, and Management.
Several media outlets covered the event, but most people waited to hear Felipe Montoro Jens’s viewpoint on the discussion. Felipe is one of Brazil’s most experienced Infrastructure Projects experts. His take on private investments being used for infrastructure projects is the most representative of what Dyogo Oliveira brought up during the Special Meeting.
Overall, Oliveira’s thought about funding future infrastructure projects is supported by evidence already existent in Brazil. For the past few years, Brazil has already formed dozens of partnerships with private investors that have adequately funded hundreds of infrastructure projects. He was there in Mendoza to encourage the IDB to support increasing the number of private investments. Read more about Montoro Jens at mundodomarketing.com
Unlike traditional routes of funding, Oliveira proposed that private investments were the most efficient solution and that the IDB needed to focus on creating more financially guaranteed mechanisms that would allow other countries to complete much-needed projects. With such an arrangement, the IDB could leverage more investments for project risk management.
Backing Oliveira’s play was Luis Caputo, Argentina’s Finance Minister. He also believes that with the IDB’s support, all of Latin America could be better prepared with the fourth industrial revolution. Everyone in the meeting agreed that the revolution had already started in some counties, and they needed to come up with a plan to better capitalize.
According to Felipe Montoro Jens, the meeting went well, and it seemed like the IDB had already begun making changes and setting up new paths of revenue.