The IDB governor had a meeting that was held in Mendoza, Argentina. In the meeting, some prominent leaders from Inter-American Development Bank(IDB) attended the meeting. The president, who was also the board of governors chairman Luis Alberto was present in the meeting. After the meeting, the development report was released by Felipe Montoro Jens.
In the report from Felipe Montoro Jens, the minister of management, planning, and development was the main speaker. In his talk, Dyogo Oliveira was trying to defend the private investment. He said that they were increasing with infrastructure especially in Brazil. This is what he made a request from the organization to guarantee finance mechanism so that it can leverage the private investments infrastructural projects in Latin America. Read more about Jens at baptista.com
He also proposed that IDB can promote education sector, and by doing so it will be pointing out an effective solution that will help in risk management of an infrastructural project. In addition, IDB will leverage the private investments taking place in the region. Luis Caputo, who was in the meeting and also the president supported the words of Dyogo. He said the secretary should now start working on Business and Economy that is supported by Spain. The market dynamism was preferring Brazil and therefore he talked of it as a priority country.
Dyogo also insisted how IDB is required to work on more investments in the countries. The support should be great because there is a revolution in industries that are coming. They have been aiming to provide road network infrastructures together with sanitation water to the citizens of Brazil. Due to the fourth revolution, they should now start investing their money in new infrastructures that are modern so that they can make the promotion of the industrial revolution coming.
The president said that there are challenges that require to be discussed in infrastructure convergence. It will be an improvement of connection happening in the countries. It will enable them to overcome the obstacles to growth and development.