Effective public-private partnership (PPP) is responsible for the successful completion of many traditionally expensive projects in Brazil and throughout South America. Brazil has long used PPPs as a vehicle for infrastructure projects; however, before implementing Public-Private Partnerships Laws / Concession Laws, the rules to regulate and dictate how these partnerships where to be constructed was vague. Once the Public-Private Partnerships Laws / Concession Laws were in place, it was clear how these partnerships were to be formed and laws to protect all parties involved.
Felipe Montoro Jens is a reporter and has a strong history in business and finance, and he has covered many of the projects completed by PPPs in South America. Felipe is currently the Chairman at Arboreoland Empreendimentos Imobiliários. With a Business Administration Graduate degree from Fundao Getlio Vargas in Sau Paulo, Felipe is a top businessman and consultant in South America. In 2017 Brazil saw it’s GDP grow by 1 percent; this is due to many of the job creation projects implemented by PPPs in the country. With organizations like the Program of Partnerships and Investments (PPI), whose job is to improve relationships with the private sector, has played a significant role in the success enjoyed by Brazil of late.
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PPPs was used to expand the sewer network in Piaui, which developed the system to reach to Teresina. PPPs are also implementing the Light Rail Vehicle (VLT) Project. The VLT is scheduled to be completed by 2031 and is creating jobs for hundreds of citizens. The VLT project will expand the existing line by 19 miles and include 21 stops. Felipe also reported plans that will fix the BR153 and the BR364, which accounts for 800 kilometers of road.
Felipe reported the government plans to continue this push for more funding as they were the recent recipient of a 20 percent increase in loans to go towards more projects.