Felipe Montoro Jens is a Sao Paulo, Brazil-based businessmen who has worked on many infrastructure projects over the course of his career. He says that PPPs, or private-public partnerships, are used in Brazil and across Latin America in order to build public works projects. He recently attended a high-level meeting in Mendoza, Argentina The Inter-American Development Bank (IDB) held called the Special Meeting of Governors. High-level government officials from across Latin America were at this very important meeting including Argentina’s finance minister, Brazil’s Minister of Planning, Development and Management, the chairman of the IDB, and Spain’s secretary of state for economy and business support among other. Read more about Montoro Jens at mundodomarketing.com
Felipe Montoro Jens says that the Brazilian official, DyogoOliveria, defended the use of PPPs and wanted to discuss putting in place financial guarantees for the private businesses in this type of arrangement. He wanted the IDB to promote a study that would map out project risk management and come up with more efficient solutions in order to get more private companies to bid on these types of public works projects.
Dyogo Oliveira also said that the world is getting ready for the Industry 4.0 revolution. He said that throughout Latin America there is a huge need for roads to be built and sanitation projects to be completed to meet this demand. He argued that if Latin America could achieve a modern infrastructure they would successfully take part in the world’s fourth industrial revolution.
Felipe Montoro Jens also reported that Luis Alberto Moreno of the IDB said that connections between Latin American companies needed to be drastically improved. This includes road, waterways, and flights. He said that nobody in Latin America is currently putting in enough resources to meet upcoming demands and so he called on more investments. He said they had a number of obstacles to overcome in order to have economic growth across the region.