Public Private Partnerships are increasingly being used as a viable solution for the Brazilian government to cut the huge deficit and stimulate the economy. Infrastructure specialist and Chief Executive Officer at Odebrecht Properties reports Rio de Janeiro’s plans for a public private partnership. Rio de Janeiro has hired the International Finance Corporation (IFC) for R $ 2.3 million as public private partnership consultants on the expansion of the children network. The public private partnership is scheduled to expand 20,000 day care center and 40,000 preschools.
Felipe Montoro Jens reported on 57 projects that are included within 22 sectors for an R $ 44 billion investment by the federal government of Brazil. The majority of these particular public private partnership projects are scheduled for the last quarter of the 2018 fiscal year. The Investment Partnership Program (PPI), was created to create more opportunities for public private partnerships to thrive. The Investment Partnership Program will be responsible for the R $ 44 million investment in these projects that include road projects, airport managing, and private takeovers of public enterprises. The government companies: Mint Ceasaminas, Casemg and Docks of Espirito Santo are going to auctioned to the private sectors, to help reduce the economic burden of the federal government. The Mint on the other hand will be able to utilize the much more advanced technology available in the private sector. Scheduled to take place at the end of 2018 is the auction of terminal ports Belem (PA), Vila do Conde (PA), Paranagua (PR) and Victoria (ES). Visit baptista.com to learn more.
Belo Horizonte is pathing the way for other cities regarding public private partnerships. Felipe Montoro Jens reported on the details of Belo Horizonte implementing a 20 year public private partnership that is the biggest ever for a capitol city in Brazil. Belo Horizonte’s ppp project is set to replace all the public lighting in the capital, accounting for over 100,000 lights and is scheduled to be completed by 2020. There are also plans, according to Felipe Montoro Jens in the state of Maranhao to use public private partnerships to build four prisons.
Learn more: http://www.felipemontorojens.com.br/