Felipe Montoro Jens reports on South American economy
Felipe Montoro Jens is an infrastructure specialist and business consultant with many decades of experience in various business sectors in Brazil. Recently, Mr. Felipe Montoro Jens reported on developments that took place during the Inter-American Development meeting (IDB). The IDB meeting took place in Mendoza, Argentina on March 24th. During the meeting, DyogoOliveria, the current Minister of Planning expressed his support for the increase in spending in the private sectors for more infrastructure projects. During the IDB meeting risk management was discussed and how stimulating and supporting more financial guarantees for the private sector will greatly improve the economic situation in Brazil.
Luis Caputo, who is currently the finance minister of Argentina and chairman of the Bank’s Board of Governors also agreed with the proposed support for private sector investments. Luis Caputo agrees and encourages the IDB to approve to work towards solutions to place less financially risk on private sector players. As pointed out by the Secretary of State for Economy and Business Support, Garrido, Brazil has a very intricate economy and suggests it should be prioritized by the IDB. Read this article at odiario.com about Felipe Montoro Jens
DyogoOliveria noted during the meeting the need for increased funding is essential in supporting more infrastructure-related projects in the country. Oliveria highlighted the challenges relating to the fourth industrial revolution, by promoting more projects for road work and enhancements, sanitation infrastructure and water distribution.
Felipe Montoro Jens echoed Luis Alberto Moreno, the current president of the Inter-American Development stressing the need for better connectivity between the countries in South America and how infrastructure projects are the key to this achievement. Felipe noted the steps the Brazilian government has taken to create several public private partnerships (PPP), in areas including road work projects, private sector acquisitions and airport managerial changes. According to Mr. Felipe Montoro Jens these PPP have been valued at more $ 360 billion.