EFEWashington

Public-private partnerships are generating renewed interest in Latin America by allowing the use of private capital in infrastructure at a time of fiscal difficulties after the crisis caused by the pandemic, the Inter-American Development Bank (IDB) has said.

This model is to be discussed at the sector's main forum, PPP Americas 2021, to be held in Sao Paulo (Brazil) on Dec. 9 and 10 with the focus on the need to strengthen collaboration to reduce the wide infrastructure gap in Latin America.

"There is great anticipation that the economic recovery from the pandemic will be leveraged heavily on the use of private capital because all the effort that could be made by the public sector has already been made," said Gaston Astesiano, head of the IDB's Public-Private Partnerships unit, in an interview with Efe.