Brazil has the largest economy in Latin America and the 7th largest overall in the world. The Chief Executive Officer of Odebrecht Properties, Felipe Montoro Jens is an infrastructure specialist and reporter. Felipe Montoro Jens has worked with many industry leading international corporations in the United Kingdom and the United States of America. Currently Mr. Felipe Montoro Jens is managing 12 public private partnership projects for Odebrecht, including education, healthcare, sports entertainment, and construction porjects. Visit frenchtribune.com for more info.
Felipe Montoro Jens reported on four states aggressive efforts in the utilization of public private partnerships to implement projects. Bahia, Piaui, Maranhao, and Pernambuco all have been investing time and resources in public private partnership projects. In Maranhao, there are PPPs uses to build four prisons by 2019. Bahia is implementing a Light Rail Vehicle Public Private Partnership Project (VLT) through 2031. The Light Rail Vehicle project includes 19 miles and about 20 stops. This upgrade will positively affect over 1 million people. Mr. Montoro Jens reported the upgrade of the internet connection network in Piaui.
There is public private partnership project that is install fiber optic cabling and install 1,500 access points, and will help over 2 million people access the internet. Felipe Montoro Jens also reported an additional 24 public private partnerships underway in the state, the largest of which is scheduled to expand the sewer network in Teresina from 24% to 80%. The Pernambucana Sanitation Company (COMPESA) and National Bank for Economic and Social Development (BNDES) are exploring ways to help the expansion of public private partnerships in 15 additional states. The World Bank and Inter-American Bank are investing in the expansion of the ppps, according to the Roberto Tavares, president of the Pernambucana Sanitation Company.
Felipe Montoro Jens, reported the mayor of Rio de Janeiro, Marcelo Crivella initiated a public private partnership project to drastically expand the early childhood education network in the city. The public private partnership is scheduled by 2020 to build 20,000 day care centers and 40,000 preschools. The International Finance Corporation (IFC) was hired to consult the city on the plans for these projects for R $ 2.3 million.
Brazil has been suffering through a devastating economic downturn that has been referred to as an economic crisis. Felipe Montoro Jens is a reporter that is also an infrastructure specialist and has been covering various implementation of infrastructure projects in Brazil over the last few years. Investments have been made over the years to implement more public-private-partnerships to execute many infrastructure projects. Felipe has reported many success stories of the implementation of these projects over the last few years. Unfortunately, many of the projects that are on the table to be executed have failed to do so. Most of the problems that have gotten in the way of the implementation incompletion of these projects are economically related.
The Minister of planning has provided detailed economic data to be analyzed by the National Confederation of Industry (CNI). The National Federation is industry has detailed information on weak economic points that need to be addressed in order to help the country put his way out of this downturn. National Confederation of industry created a report titled “Great Works Stopped: How to face the problem?” The report provided by the National Federation of Industry, not only highlighted issues but also detailed a viable solution pass that needs to be executed in order to bring Brazil out of these dark economic times.
“Great Works Stopped: How to face the problem?” detailed the 2796 projects that have not been implemented or stopped production with sanitation projects, accounting for the majority of these. Ilana Ferreira Who is one of the representatives of the CNI Says the majority of these projects stopped because funds ran out and the economic crisis has affected many aspects of the Brazilian economy. It was also noted that many of the problems faced by the non-execution of these projects are the lack of investments by the Brazilian government. Felipe Montoro Jens.