What Really Was Discussed by Governors of IDB? Felipe Montoro Jens Reports

The recent meeting held at Mendoza City in Argentina by the Governors of Inter-American Development Bank (IDB) basically dealt with infrastructure projects. According to Felipe Montoro Jens, in the meeting was Dyongo Oliveira who is the Minister of Planning, Development, and Management who expressed much emphasize on the importance of creating financial guarantee mechanisms that can leverage private investments in various infrastructure projects across Brazil which have become numerous in the country. According to Oliveira, IDB is at the forefront of promoting studies that aim at reducing risks and leveraging the private investments. Read This Article at mundodomarketing.com to learn more.

According to Felipe Montoro Jens reporting, Luis Caputo who is the Finance Minister of Argentina and the Chairman of the Board of Governors of IDB agreed that there is need to leverage private investment in Brazil and basically in Latin America. According to Garrido, who is the Secretary of State for Economy and Business Support of Spain, every Spanish investor is thrilled by the rapid growth in the economy of Brazil making it the most favorable destination for various investors.

Oliveira states that every country that has IDB is soon going to step into the 4th industrial revolution. Despite the challenge of building roads and sanitation, there is a necessity to invest even more capital in developing modern infrastructures so that the vision of fourth industrial revolution. The President of Inter-American Development Bank, Luis Alberto Moreno is in the support of convergence of the infrastructure so as to overcome the current infrastructure issues.

Felipe Montoro Jens further reports that the President of IDB said that they have laid down policies of that enforce gender equality and environmental sustainability measures that will be used in the infrastructure projects. Further, all the actions that are being taken by the Brazilian government are all in line with the guidelines and various actions of the IDB. The establishment of Public-Private Partnership (PPPs) in Brazil, Latin America, and the Caribbean is a major step in their development where over 1,000 infrastructures have been completed through PPPs.

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