Felipe Montoro Jens reports on PPPs slowdown

The Brazilian economy has suffered many setbacks over recent years. This has forced the federal government to come up with creative ways to stimulate the economy. Public-private partnerships have always been viewed as a viable option to implement expensive projects. After the federal Law 11,079 / 04 passed in December 2004, there has been a huge increase in public-private-partnerships in Brazil. Felipe Montoro Jen Is in infrastructure specialist and a reporter. He has been reporting on many developments regarding the economy and infrastructure projects. This year on March 24th in Mendoza, Argentina, there was the annual governors meeting. During this meeting, many decision makers convened to discuss the plans to implement various projects to keep the economy moving. Read more about Montoro Jens at baptista.com

The Inter-American Development Bank meeting took place with the Minister of planning development in management and the president of the Inter-American Development Bank, as well as the Secretary of State for economy and business support. Also in attendance was the Minister of Finance and the chairman of the board of directors. Each of the experts attended gave their opinion on what was needed to take place in order to get many private projects implemented. The major concern of the president of the Inter-American Development Bank, Luis Alberto Moreno was the improved connectivity between the different countries and make up the South American continent. Projects like beans are best implemented using a public-private partnership, which goes back to the initial problem of the risk involved for the private sector.

The Secretary of State for economy in business support Irene Garrido noted the importance of the Brazilian economy makes it first on the list of investment funding. After the meeting, it was clear that the most fundamental issue that needs to be resolved is leveraging the risk of the private investors. It was reported that the Inter-American Bank his already invested over $12 Billion in the Brazilian economy. Visit: http://www.consultasocio.com/q/sa/felipe-montoro-jens

 

Leave a Reply