Thirty days ago, Argentina was the topic of the day in many newsrooms after hosting governors and high profile members of the Inter-America development bank for the special meeting in its prestigious city of Mendoza. Besides the governors, the meeting which took place on March 24th to be precise also had hordes of A-list business personnel from all over the world in attendance. According to a report by Felipe Montoro Jens, Dyogo Oliveira, Brazil’s Minister of planning, development, and management was, however, the highlight of the day. Follow Montoro Jens on Twitter.
During the meeting, Mr. Oliveira went on to even address the burning question that most people had regarding the increased number of private investors in the infrastructure sector. In the report, Felipe cites that Dyogo reminded the attendants that by allowing the private sector to indulge in the infrastructure sector in Latin America they are paving the way for the local business people to easily access capital. He even went ahead to say that the participants should go the extra mile in encouraging these private investors into the region by partaking in research and analysis to help them come up with a set of solutions to manage the high rates of risks involved in Latin American projects. Mr. Oliveira also added that by opening doors to them these investors will help South American Countries Bridge the existing infrastructure gap resulting to tremendous growth which is why the IDB should make it their priority to pave way for them.
Most of the high profile attendees to the special meeting seemed to stand the same ground as Dyogo Oliveira because for instance, Argentina’s own minister of Finance and chairman of IDB, Luis Caputo also shared the same views and even urged the participants to prioritize on private investors by coming up with platforms and bridges which will encourage them to continue investing in the region.
Caputo was not the only one who echoed Oliveira’s sentiments because Spain’s secretary of state for economy and business support, Garido also shared the same ground by saying that the region packs a punch of raw opportunities which can be converted into profitable investments by the private sector. Case in study, he pointed out that most Spanish investors find Brazil as an appealing and also rich destination for investments.
In a nutshell, all the leaders and governors who attended the meeting came to a conclusion that they should pave the way for private investors in the region. Thanks to this Felipe Montoro Jens a well-known financial analyst says that even though the industrial revolution set to take place ahead will shake up things for the good of Latin America countries, it will take some time before the region fully adjusts to the changes.
About Felipe Montoro Jens
Felipe Montoro Jens is a force to reckon in Brazil’s finance sector thanks to his prowess of helping companies he has worked with achieve global recognition. He was born and brought up in Brazil and is quite lucrative as he holds an undergrad degree from the Getulio Vargas Foundation and a degree from Thunderbird School of Global Management. As a successful financial analyst, Felipe Montoro Jens has worked with various high profile companies and boasts quite a rich resume in the sector which makes him a household name in the country. Read more: https://www.terra.com.br/noticias/dino/veja-com-felipe-montoro-jens-a-historia-do-processo-de-privatizacao-no-brasil,4d1cfee159791826fd7c00be88ff5defx4uhd4g6.html