Felipe Montoro Jens is an expert in infrastructural projects who compiled a report of a special governors’ meeting that discussed the rise of private Brazilian investments. The conference emphasized the importance of developing mechanisms of increasing financial guarantees while all at once leveraging the infrastructural projects run by the private companies in Latin America. Mr. Felipe Montotro suggests that the Inter American Development Bank (IDB) should foster studies that focus on the development of more effective solutions for risk management. Visit consultasocio.com to learn more.
Felipe’s view is seconded by Minister Oliviera who asserts that the need for private investments in this region is necessary to align with the industry 4.0 revolution that is underway. Although the primary challenge was the construction of roads and provision of sanitized water, it is also imperative to invest infrastructure that would drive the region towards the fourth industrial revolution. Felipe reports that Latin America faces the challenge of converging its modern infrastructure, and enhancing the connectivity between countries. The IDB has implemented a new set of social demands that have enabled it to reinforce policies like gender equality and environmental sustainability. In turn, the adoption of the social demands has increased the rate of project execution.
According to Felipe’s report, the actions of the Brazilian Government that concern the financing of infrastructural developments are in line with the best practices used by other countries in the region. They are also aligned with the guidelines and practices of the IDB, and the various multilateral agencies that Brazil engages with. Felipe Montoro Jens concludes his report by providing figures showing the expenditure IDB in Brazil and the Latin American region. He reports that the last couple of years have seen the development of at least 1,000 projects worth $360 billion.