In the last week of March, there was a meeting in Mendoza, Argentina, it was the Special Meeting of Governors of the BID (Banco Interamericano de Desenvolvimento). Dyogo Oliveira, who is the Management, Development and Planning Minister, fought for greater private investments in infrastructure in Brazil. Dyogo Oliveira has hopes the BID might engage in promoting studies that will find more efficient solutions in the risk management projects that might increase private investments.
Luis Caputo, who is the minister of Finances of Argentina as well as the Assembly of the Governor of the Bank, agrees that the BID should also promote private investments. Felipe Montoro Jens also notes that even the Economy Secretary of State of Spain states that Brazil is its primary investment country. Find out more at consultasocio.com to learn more.
For the 4.0 industrial revolution to occur, the BID must not only invest in highways, but it must invest in other more advanced kinds of infrastructure. Dyogo Oliveira, from Brazil, feels that the fourth industrial revolution is on way.
Felipe Montoro Jens also notes that the president of the BID, Luis Alberto Moreno, says that converging infrastructure is essential for the industries to evolve and be able to meet growing social demands. Luis Alberto Moreno believes in this development as well as equal opportunity as well as environmental sustainability.
Dyogo Oliveira also states that PPPs (Private and Public Partnerships) for public construction development have been an important part of increasing infrastructure and alongside other multilateral agencies that Brazil participates in.
According to the Minister of Management, Development, and Planning, the PPPs are also popular in the Caribean as well as in other parts of Latin America. Throughout the last decade, there have been around one thousand PPP infrastructure projects that represent about US$ 360 billion. A prevailing issue in many projects is the obstacle of attracting private capital. In 2017 alone, in Brazil, the BID lent around US$ 12.9 billion. Felipe Montoro Jens notes that this is 20% greater to that in 2016.