Dyogo Olivera, the current Minister of Planning and Development expressed his concern to lobby for more investment funding for public private partnerships throughout Latin America. Mr. DyogoOliveria plead his case during the Special Meeting of Governors of the Inter-American Development Bank (IDB), which was held March 24, 2018. DyogoOliveria, put the pressure on the Inter-American Development Bank to invest funding directly into the public private partnerships to create guaranteed returns on investments by the private partners. The Minister of Planning and Development pointed to statistical data on the progress and success of public private partnerships. View felipemontorojens.com to learn more.
Mr. Oliveria referenced a new report, which says there has been about 1000 infrastructure related public private partnerships, totaling a $ 360 billion investment. DyogoOliveria also noted a large portion of these ppp projects have not gotten much movement because of the lack of funding from the private sector partners. The Finance Minster, Luis Caputo, supported the proposed solution suggestion of more investments from the Inter-American Development Bank. During the Special Meeting, Garrido who is the Secretary of State for Economy and Business, suggested the need to prioritize Brazil on the list of areas of investments. Garrido noted Brazil should be a priority because of the country’s diverse economic markets.
Dyogo Olivera further made a case for more investments in public private partnerships by the Inter-American Development Bank as we the region begins the Industry 4.0 Revolution. Noting the $ 44 billion investment made by the Brazilian government to include many infrastructure projects, including the BR 153 and BR 364 road construction projects. Also the sanitation project related PPP of Pernambuco Sanitation Company (COMPESA), which planned to expand efforts to include 15 additional states in Brazil.
The Bahia Light Rail Vehicle Project, that includes an infrastructure upgrades to along a 19 mile stretch that includes 21 stops. These and other infrastructure projects related projects has lead the way to the need for the implementation of Industry 4.0 Revolution. The President of the Inter-American Development Bank, Luis Alberto Moreno said the major challenge in Latin America is the need to improve the connectivity between the many separate, but interdependent countries that make up Latin America. Learn more: http://www.infomoney.com.br/negocios/noticias-corporativas/noticia/7406991/felipe-montoro-jens-reporta-discussoes-reuniao-especial-governadores-bid