According to Infrastructure Projects expert Felipe Montoro Jens, the Brazilian government is keen on having 18 infrastructure auctions done over the last third of this year. The expert reported that the government has chosen not to be swayed by the ongoing political season and has its eyes focused on the ball. This is being rolled out in conjunction with the Investment Partnerships Program (PPI) under the leadership of Tarcisio Gomes de Freitas, the project coordination secretary. The secretary was recently quoted saying that everything will be handled within four months as the schedule will be observed to the letter. He, however, acknowledged the challenge of shedding-off criticism and provocations from private investors who had vested interests in the projects.
The Situation as It Is
Felipe Montoro Jens is of the opinion that the greatest obstacle to increased productivity in Brazil is an inadequacy in infrastructure. This view is also held by Gomes de Freitas who urges Brazilians to support the concessions that the government and private investors are putting in place. He argues that with a proper management of the situation, the private sector has the required capacity to modernize infrastructure in the country.
The private sector presents a good employment creation hub according to Felipe Montoro Jens. The success of the projects developed over this period will attract more private sector players in the infrastructure industry. He argues that the transaction in April this year that led to the auctioning of transmission lines is the largest project yet to be seen in the infrastructure industry.
Gomes de Freitas is optimistic that the Brazilian government is committed to a pro-business approach to the private sector. With Michel Temer having taken over the presidency in Brazil, Felipe is also convinced that the future of private investments in infrastructure is bright. He reported that Temer’s one year in office had yielded R $ 23 billion in infrastructure investments. Investment Partnerships Program has also completed 44 auctions over that period.