Felipe Montoro Jens reports on the IDB meeting

June 18, 2018 | By tallbirdy | 0 Comments

Felipe Montoro Jens, is an infrastructure specialist and reporter with over 20 years of experience in various areas including public private partnerships and other infrastructure related projects throughout Latin America. Mr. Felipe Montoro Jens reported during the March 24th 2018 Special Meeting of Governors of the Inter-American Development Bank, in Mendoza, Argentina. During the meeting, DyogoOliveria, the Minister of Planning and Development stressed the need for major funding increases for public private partnerships to create guarantees in ROI for the private partner investors. The Minister of Planning and Development strongly suggested the need for more financial investments by the Inter-American Development Bank to explore ways to implement more efficient solutions for the implementation of project risk management relating to public private partnerships. Argentina’s Finance Minister and Chairman of the Bank’s Board of Governors agreed with DygoOliveria’s suggestion. Mr. Oliveria noted there is a strong need for investments from countries with the financial support of the Inter-American Development Bank (IDB). Read This Article at mundodomarketing.com to learn more.

The Secretary of State for Economy and Business Support of Spain, Garrido highlighted Brazil as a priority in fund relief due to the countries diverse array of markets.

Now that several infrastructure projects have been initiated throughout Latin America relating directly to infrastructure improvements, like the plans to repave BR 153 and BR 364. Also the sanitation public private partnership project with the Pernambuco Sanitation Company (COMPESA) as part of the initiative of the National Bank for Economic and Social Development (BNDES). It is now time to implement the Industry 4.0 revolution and now is the time for heavy investments to get these projects off the ground.

A major challenge for Latin America is to drastically improve the connectivity between the different countries and major infrastructure improvements generally. During the IDB meeting, it was noted according to Felipe Montoro Jens there has been an increase of about 1000 infrastructure public private partnerships, totaling an investment of about $ 360 billion. DyogoOliveria noted of these 1000 ppps many of them have stalled out due in large part due to the lack of private funding availability. There has been an increase of 20% in loans from the IDB, of $ 12.9 billion since 2016.

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