Brazil using PPPs to lower deficit reports Felipe Montoro Jens
Felipe Montoro Jens, an infrastructure specialist has gathered details on Brazil’s country efforts in encouraging more public private partnerships. The federal government passed a law in 2004, that details the basic rules that govern the implementation of public private partnerships. Brazil has the 7th largest economy in the world, and the largest in Latin America and recently reported growth in the GDP. To continue this positive economic progress public private partnerships are becoming more and more popular in the country. Visit consultasocio.com to learn more
Felipe Montoro Jens has reports on several examples in different states and cities of public private partnerships. In the state of Bahia, there is public private partnership scheduled to run until 2031. The public private partnership is called the Light Rail Vehicle Project or VLT. Light Rail Vehicle Project is set to upgrade 19 miles stretch, and included 21 stops. The VLT public private partnership project will affect over 1 million people. There is another public private partnership project underway in Piaui. The Piaui public private partnership is upgrading internet connective infrastructure. The public private partnership project is upgrading to fiber optic cables, and the installation of 1,500 access points. This public private partnership project will affect over 2 million Piauians and will cover the area from the southern end of the state up to the coast. Also in Piaui there is another public private partnership projects which is projected to improve the sewer network, and consists of 24 projects. The sewer public private partnership project network is scheduled to in the Teresina, the capital and increase from 24% up to 80%.
The Program of Partnerships and Investments (PPI) is also currently planning the implementation of 57 projects and 22 sectors, as part of R $ 44 billion investment by the federal government of Brazil. Felipe Montoro Jens detailed this investment will include infrastructure projects throughout the country in the form of airport solutions, road work construction project and other efforts to lessen the economic burden of the government. Felipe Montoro Jens learned the government company Infraero, who is currently responsible for managing all the major airports in the country will be auctioning about 13 airports to the private sector.