Felipe Montoro Jens has served in many organizations, and currently, he is the CEO of EnergiparCaptação S.A. He recently made a report about the special meeting that was held on March 24, in Mendoza City, Argentina, by all the governors of the Inter-American Development Bank (The IDB). Learn more about Felipe Montoro Jens at terra.com
The Latin American Challenge
He revealed that from the viewpoint of the bank’s president, Luis Alberto Moreno, the Latin American challenge is the enhanced connectivity that is there between various countries. It also comprises the convergence of infrastructure. According to Mr. Moreno, it is impossible for the region to register any development and growth without the two. He also added that investments alone are not enough to overcome the various obstacles that hinder progress.
Adapting New Social Demands
As Felipe Montoro Jens reported, the IDB’s president said that the bank had embraced the new social needs. This has enabled them to reinforce policies that revolve around factors like gender equality and environmental sustainability whenever they are executing their various projects.
Montoro also said that Dyogo Oliveira, who was then the Minister of Planning Development and Management, talked about Brazil’s public-private partnerships that they have made for public works. The minister also mentioned the efforts of the Brazilian government to develop the field of infrastructure and financing. He made it clear that all those actions are perfectly in line with the bank and other agencies that the country is involved in.
Another revelation that Mr. Montoro made is that the Inter-American Development Bank has loaned around $ 12.9 billion to Brazil. This is 20% more than the amount they received in 2016.
In the report, Felipe Montoro Jens revealed the various problems that prevent infrastructural development in Latin America. He also stated the multiple steps that the IDB is making to enhance growth in countries like Brazil.