The government of Brazil recently announced that it would partner with the private sector by investing R $ 44 billion to fund about 57 projects in 22 sectors of the economy. Felipe Montoro, a business philanthropist, believes that the partnership between the public and private sector (PPP) will improve the economy of Brazil after progressively coming out of an economic recession. The Brazilian government created a Program of Partnerships and Investments (PPI) with the aim of creating a favorable environment for conducting businesses between the private sector and the public sector which would foster the relationship between the two industries. The PPI will fund projects such as the construction of roads, airports and see to it that privatization of public enterprises is implemented. However, most of these projects will be achieved late this year. Read more at frenchtribune.com for more info.
Some of the major roads to be constructed include BR 364 and BR 153 which will cover more than 800 kilometres. BR 364 runs from Porto Velho (RO) to Comodoro (MT) while BR 153 connects Alianca (TO) and Annapolis (GO). Also, port terminals such as Vila do Conde (PA), Vitoria (ES), Belem (PA) and Paranagua (PR) are set to be auctioned. According to Felipe Montoro Jens, The Mint which prints the Brazilian currency will be to the private sector together with other companies such as Casemg, Dock of Espirito and Ceasaminas. Moreira, the minister of the Secretary-General of the Presidency, revealed that the Mint would be sold to the private sector because of the need for a more sophisticated technology to run it.
About Felipe Montoro Jens
Born in Brazil, Felipe Montoro Jens is an academic scholar who holds a Bachelor’s degree in Business Administration from FundaoGetlio Vargas and a master’s degree in International Management. He is the CEO of Energizer Captacao in South America and serves as a board member at Foz do Brazil and San Antonio Energia. Felipe is also the Chairperson of Concessionaria do Centro Administrativo do Distrito Federal board. He is an expert in finance and investments and believes in investing in young talents. According to Felipe Montoro Jens, the recent partnership between the public and private sectors will create jobs for thousands of unemployed youths.