Since the passing of the federal law that was passed by the federal government of Brazil in December 2004, there has been an increase in public private partnerships. The country of Brazil has been exploring innovative economic ways of help the economy. Recently reported growth in GDP, Brazil is looking for ways to continue economic improvement, without adding to the already huge deficit. Felipe Montoro Jens is an infrastructure specialist, with over 25 years of experience, and he has detailed information on the various projects currently being implemented in Brazil.
Felipe Montoro Jens reported on the public private partnerships in Rio de Janeiro. In Rio de Janeiro, there are public private partnerships being used to drastically expand the child educational network. There has been an R $ 2.3 million investment to bring in the International Finance Corporation (IFC) (World BanK) to help with the public private partnership projects to build 20,000 new day care centers, and 40,000 new early childhood education centers by the year 2020. The expansion of the education network, was a campaign promise made the current mayor of Rio de Janeiro, Marcelo Crivella. Learn more on consorciocorretora.com for more info.
There are also plans to auction some government owned and managed business to the private sector scheduled for the end of 2018. Felipe Montoro Jens listed Brazil’s Mint, Ceasaminas, Casemg and Docks of Espirito Santo. The Mint is the government enterprise who prints currency, passports and additional government issued documents. By selling the Mint to the private sector, will give the company access to better technology.
Infraero is planning to sell off part of its huge stake in Brazil’s major airport network. Infaero is the airport managing company, which is owned and managed by the federal government of Brazil. Felipe Montoro Jens reported Infraero is planning to auction off 13 of the major airports they are currently managing. Infraero currently manages all the major airports in the country and they own large parts of the stocks of each of the airports under the jurisdiction of Infraero. This move of alleviating the financial responsibility of Infraero will help with the deficit of the government.