Brazil has presented their plans for the improvement of the country’s infrastructure. Under the PPI system, or the Program of Partnerships and Investments, the government would be asking the private companies to provide a small percentage of money that will be used to construct public utility infrastructures, and once completed, private companies has the rights to impose fees to the public for them to recoup the money that was used to build it in the first place. One of the chosen individuals to represent the government in the PPI scheme is Felipe Montoro Jens, a successful entrepreneur who is also working as an infrastructure expert in Brazil. He had to fly from the United States only to assess the government’s side in pursuing with their projects. You can find Montoro Jens on Twitter @felipemontoroj to see more updates.
Felipe Montoro Jens has been hired by the government to become one of the consultants, and according to the businessman, the government is planning to build 57 projects for the year 2018. These projects will be subjected to a bidding program, and it is his prime duty to check if the amount being requested during the auction is not overpriced. It is believed that the Brazilian government would be spending more than $1.32 billion for all of their projects, and Felipe Montoro Jens is happy to share that no private companies have taken the advantage to charge too much for the government to pay. The government wanted all of the private companies who have been awarded with the contract to finish the projects given to them by the end of the current year.
Half of the projects that were presented to the Government of Brazil will start by April 2018, and they summoned Felipe Montoro Jens to monitor each project. He will also oversee the transfer of several government owned companies to the hands of private individuals. Many Brazilians, especially those who are serving the opposition, are against the PPI program. They stated that only the foreigners are benefiting from the scheme, but Felipe Montoro Jens reiterated that the PPI system will bring in more benefits than disadvantages, especially for a country like Brazil. One of these advantages will be the full development of the country’s infrastructure.