Felipe Montoro Jens reports more investments from the IDB
On March 24th, 2018 in Mendoza, Argentina a meeting of the Governors took place and reporter Felipe Montoro Jens was in attendance. Felipe is a reporter and specialist on all things related to infrastructure. The March 24 th meeting was the Inter-American Development (IDB) and many of South American top officials attended. Reporter Felipe Montoro Jen has been keeping a close eye on many infrastructure projects and economic development in Brazil and other South American countries. Visit their website felipemontorojens.com to learn more.
Mr. Montoro Jens reports the major decision makers voiced their professional opinion on the current state of many financial issues they are facing in their respective fields. According to the Felipe, the finance minister of Argentina and chairman of the Bank’s Board of Governors Luis Caputo spoke about the need for more investments from the private sector to begin initiating more infrastructure related projects.
DyogoOliveria, according to Felipe’s reports the fourth industrial revolution is underway and the country must be prepared to face that challenge. Mr. Oliveria feels if there is more investment funding more of the public-private partnership projects will begin execution. Many of the projects need to support the revolution are related to water and sanitation and transportation-related projects.
Brazil is home of the world’s seventh largest economy and a health Brazilian economy means a health South American economy. The Secretary of State for Economy and Business Support, Mr. Garrido ensures Brazil will be prioritized for investments. Felipe reported Brazil has already received $12.9 billion in investment loans from the IDB, which is an increase of 20%. This investment along with prior investments will continue to fuel the increase in PPPs the country has witnessed over the last ten years. These investments, according to Felipe are making a positive change in the economic situation and the IDB meeting concluded they will continue to invest to ensure continued improvements. Connect: https://twitter.com/felipemontoroj