Public Private Partnerships increasing, Felipe Montoro Jens

The collective states of Brazil along with the federal government are investing heavily in more private public partnerships. The country implanted a federal law in December 2004, which defines the laws pertaining to public private partnerships. The public private partnerships law eliminates grey areas surrounding public private partnerships regarding payment and federal regulations. Felipe Montoro Jens is an infrastructure specialist with over 25 years of corporate experience. Chief Executive Officer of Odebrecht Properties, Mr. Felipe Montoro Jens has reports on many of Brazil’s investments in public private partnership projects and the plans for their implementation timelines.

Under the leadership of Marcelo Crivella, the mayor of Rio de Janeiro, an R $ 2.3 million investment has been made for public private partnership projects. The public private partnership project in Rio de Janeiro is building 20,000 daycares, and 40,000 preschools. Felipe Montoro Jens reported these Rio de Janeiro projects are to be completed by 2020. The R $ 2.3 investment was used to hire the International Finance Corporation (IFC) as professional consultants, to help formulate and implement the projects to expand the early childhood network in the city. Read this article at odiario.com about Felipe Montoro Jens

Felipe Montoro Jens reported details on another public private partnership scheduled to be completed in Bahia, in the year 2031. In Bahia about 1.5 million residents will benefit from the Light Rail Vehicle Project (VLT). The Light Rail Vehicle Project is upgrading a 21 stop 19 mile rail line in the state.

In Piaui there is a public private partnership to improve access to the internet. The PPP is laying fiber optic cables and 1,500 access points stretching from the cost south, affecting 2.1 people. Felipe Montoro Jens also noted 24 additional projects in Piaui, including one with a sanitation company set to expand the sewage network to 80% from the current 24%.

The Program of Partnerships and Investments (PPI) is also managing 57 projects, which is part of R $ 44 billion investment to create more public private partnership projects. The 57 projects, according to Felipe Montoro Jens, will span 22 sectors and include road construction projects, airport facility management and auctions of government companies.

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