Felipe Montoro Jen an infrastructure projects specialist and reporter, detailed the Brazilian government plans of investing R $ 44 billion to stimulate public private partnerships. While the number of successful public private partnerships has increased over the years, there is still not nearly enough to make a positive impact on the economy, reports Felipe Montoro Jen. Public private partnerships are an effective way of getting traditional expensive projects completed, at a fraction of the cost. The government agency, Program for Partnerships and Investments was created by the government to build relationships with the private and public sectors. The Program for Partnerships and Investments will manage the R $ 44 billion project in a 57 project stimulus program of public private partnerships, reports Felipe Montoro Jen. Visit consultasocio.com to learn more
Felipe Montoro Jen details some issues with the successful implementation of more public private partnerships in Brazil. According to Felipe Montoro Jen, about 35% of all payments made for projects from the private sectors, ends up being a tax right off, making the overall cost to expensive.
The 57 project investment by the government will include 22 sectors, reported Felipe Montoro Jen. Felipe Montoro Jen reported the projects are to include roadwork construction projects, airport management and upgrades, and the privatization of public enterprises. The acquisition of the Mint will give the government company responsible for currency production and other official government documents, will benefit tremendously from the advance technology in the private sector. Infraero according to Felipe Montoro Jen will relinquish control of some of it the airports under their control. Infraero currently manages and is responsible for all the major airports in the country, and by releasing some the airports to the private sector reduce some of the financial burden on the government. Belo Horizonte currently is running a 20 yearppp to upgrade the lights to LED by the year 2020. Learn more: http://frenchtribune.com/teneur/25613-felipe-montoro-jens-details-his-vision-future-brazils-privately-owned-corporations