Felipe Montoro Jens is an expert in the field of Infrastructure Projects who believes in the inclusion of the private sector investments to boost a nation’s economy and infrastructure. He noted how Brazil, in spite of having a large amount of investment and showed a very large increase in the rate of investment, still lacked investment in crucial sectors like Health, Education, Mobility, Transportation and Basic Sanitization. He believes this is a gap that the private sector can fill if they are allowed to invest in those industries. The private sector capital will boost the growth in the sector, provide employment to a large number of people as well as increase the amount and quality of facilities and their maintenance. Visit consultasocio.com to learn more.
He noted how the investment of Public-Private Partnerships or PPP has already created much-needed development in Brazil since the law passed in 2004 that allowed their formation.
In March, the IDB or Inter-American Development Bank held a special meeting of its governing body, the Minister of Planning and Development at the time, defended the recent trend which showed an increase in private investments in projects that were aimed at improving the infrastructure of Brazil. The minister of finance of Argentina echoed the statement put forth by Oliviera and seconded the opinion that the bank should make use of the opportunity to leverage the investment made by the private sector.
Felipe Montoro Jens noted how that the president of the bank believes PPP’s to be absolutely crucial for the development of the nation as infrastructure investments are much below the refers to the deficit as the ‘Latin American Challenge’, an issue faced by many Latin American countries.
Felipe Montoro Jens identifies a massive increase in PPPs in Latin America but at the same time shares how it still needs to be much more, Felipe believes that if the government makes assurances that guarantee the safety of these PPPs then the private sector will happily step in and provide some much-needed funding for the long-term infrastructure development projects.