The Latin American country of Brazil is facing infrastructure challenges in the present day and is looking to channel the investments made by other countries as well as support from the Inter-American Development Bank. In the article reported by Felipe Montoro Jens, it was noted that Dyogo Oliveira, the Minister of Planning, Development and Managing defended the increase of private investments in infrastructure projects in Brazil.
The South American Country is currently facing several challenges and the upcoming fourth industrial revolution, as predicted by Minister Oliveira. Dyogo Oliveira also proposed the promotion of studies by the IDB that point to more efficient solutions for project risk management. These studies would also facilitate the leverage of private investments in the region. The finance minister and chairman of the Bank’s Board of Governors from Argentina, Luis Caputo agreed with the proposal made by Minister Oliveira in regards to more efficient solutions. Visit infomoney.com to learn more.
Brazil has already been highlighted by the Secretary of State for Economy and Business Support of Spain, Garrido. The dynamism of the markets of the region makes Brazil a priority for Spanish investment. The investments from the countries, along with the support of the IDB, would greatly assist in the construction of roads and creation of sanitation systems to provide clean water. At the same time, this would help provide a more modern infrastructure to promote the fourth industrial revolution.
According to the report by Felipe Montoro Jens, the challenge that Latin America faces refers to the convergence of infrastructure, as well as improved connectivity between countries. Currently, investments are below what is necessary for those challenges. Without the convergence of infrastructure, the region will not be able to achieve the necessary development to overcome obstacles to growth, says the Bank’s president. It was emphasized by Moreno that the IDB has adapted to the new social demands and has reinforced policies of gender equality, as well as environmental sustainability in the execution of projects. View: https://ideamensch.com/felipe-montoro-jens/