On March 24, the executive governors of the Inter-American Development Bank participated in a meeting held at Mendoza, Argentina. During the conference, Dyogo Oliveira defended the expansion of private investments in the infrastructure segment in Brazil. Felipe Montoro Jens supported Mr. Oliveira’s opinions during the meeting. Mr. Felipe Montoro Jens emphasized on the relevance of the creation of financial guarantee policies that would leverage projects pioneered by private investors, particularly for Latin America. Alternatively, Dyogo Oliveira proposed that IDB enhances research that point to efficiency in generating solutions for project risk management. Mr. Oliveira’s suggestions proved meaningful as various executives including the minister for finance in Argentina, Luis Caputo, supported them. Visit consultasocio.com to learn more
According to Dyogo Oliveira, the need of support from the Inter- American Development Bank in augmenting the latest investments from various nations is essential to propel the industry’s revolution to 4.0. In Dyogo’s opinion, the revolution is underway coming. Additionally, Dyogo Oliveira states that with the aid of the bank’s support, specific challenges will be eradicated. Problems that will be eliminated include the complexities of establishing roads and sanitation concerning water providence. Oliveira further explained that with the help of IDB, investors would direct their operations towards developing a more modern infrastructure that will boost the fourth industrial revolution. Other challenges include the Latin American problems, which point to the convergence of support and improved connectivity between nations. The Inter-American Development Bank will oversee the revolution given that it has adapted to the latest social needs. Consequently, the bank will reinforce specific policies regarding gender equality and environmental stability in the execution and facilitation of its projects.
Besides strengthening these policies, IDB ensures that each strategy the government of Brazil partakes is as per its practices. Adhering to the set regulations of the financial institution has overtime been advantageous to the Brazil state. The report developed by the Ministry of Development, Planning, and Management in the previous year indicate that IBD loans to Brazil sum to approximately US $12.9 billion. Felipe Montoro Jens postulates that this amount was 20% more than the amount allocated in 2016. Additionally, more than 1000 infrastructure PPP projects worth $360 billion have been developed.