On March 24, the governors participated in their special conference at Mendoza City situated in Argentina. During the Inter-American Development Bank meeting, Dyogo Oliveira provided insights concerning the expansion of Brazil’s private infrastructural investments. As the Minister of Planning and Management, Dyogo emphasized on the relevance of establishing different financial warranty mechanisms that would influence private investment in the sector. In relation to growth, Dyogo Oliveira postulated that IDB is significant in facilitating the leveraging of private investment in the infrastructure department. Dyogo gave these insights in consideration to IDB’s mission directed towards engaging in research activities that yields efficient solutions. Visit frenchtribune.com for more info.
Besides Dyogo’s meaningful contribution, Garrido participated significantly as well. Garrido, Spain’s Secretary of State for Business, agreed with Dyogo’s idea. Other executives including Felipe Montoro Jens gave useful information regarding the contribution of IDB to the development of Brazil. Felipe reported that Spain considers Brazil as the appropriate nation to support in investments. Additionally, Felipe Montoro Jens provided essential information concerning the perspective of the IDB’s President, Luis Alberto. According to Mr. Alberto, the Inter- American Development Bank facilitates the convergence of connectivity and infrastructure between nations and environmental sustainability policies.
Felipe Montoro Jens stressed on not only the impact of IDB on infrastructure and management but also Brazil’s engagement in Public-Private Partnerships. Felipe Jens was fascinated by his country’s adherence to IDB’s regulations regarding the establishment and operation of PPPs. The ministry of Development and Management news portal reported that Public-Private Partnerships were up in the Caribbean, as well as, the Latin America. As such, Brazil has overtime foreseen over 1,000 infrastructure PPP projects, which were worth approximately $360 billion. Felipe Montoro Jens stated that the loans of the Inter-American Development Bank to Brazil added to approximately $12.9 billion. Felipe Montoro postulated that IDB has played a vital role in the historic gain of the Ministry of Planning.