It is always a troubling experience in any government attempting to make significant development changes. The government runs many businesses and projects in Brazil. According to Felipe Montoro Jens, Brazil had a hard time shifting from state-run plans to the involvement of the private sector. Felipe is a respected professional and infrastructure expert.
Notably, the second half of the year starting from September is scheduled for great infrastructure auctions. The Investment Partnership Program (PPI) coordination secretary Tarcisio Freitas revealed that the project would carry out about 18 infrastructure auctions.
According to Mr. Felipe’s report, the secretary assured that the auctions would proceed as scheduled despite the government political arguments. Besides, the PPI secretary also said that criticisms from the private sector were allowed. It is after Lava Jato denounced that significant projects would fail. The issue has since then affected many large contractors. However, Felipe points out that the project is set to involve a new group of the infrastructure industry players.
Moreover, the Investment partnership program secretary also outlines that the Brazilian government has a significant challenge facing the increase in Brazil level of production. Expansion and modernization of the infrastructure sector have proved to be a considerable challenge. The only solution to this issue is devising measures of attracting investors and increasing employment. Felipe also points out that the PPI is currently selecting projects that are attractive to private investors. Such a historical project is one of the transmission lines auction which was transacted earlier in April and was so successful.
Nevertheless, the Investment Partnership Program is on a mission to rectify the Public-Private Partnership relationship that was so unsteady in the past. As stipulated in Felipe’s report, the program will ensure that the awarding of infrastructure contracts is expected to accommodate both the public and private investors.
The program has enhanced significant developments in the infrastructure sector. Mr. Freitas and the ruling President Temer have significantly contributed to the improvements in this industry.