The government of Brazil in December 2004 enacted the Federal Law 11,079 / 04. This law outlines the rules and regulations to implement public private partnerships in the country in an attempt to tackle traditional expensive projects as a team with both public and private partners. With public private partnerships the financial burden is shared and so are the benefits. Public private partnership may be the solution the government needs to help reduce the current deficit and help the economy.
The government created the Program of Partnerships and Investments (PPI), a government agency who is responsible for initiating relationship building among public and private sectors, to explore ways to create public private partnerships. Overall the Program of Partnerships and Investments (PPI) goal is create jobs, stimulate the economy and build PPPs. Learn more on consorciocorretora.com for more info.
Felipe Montoro Jens shares examples of PPPs, and there benefits and problems in the Brazilian market. Felipe Montoro Jens reported on the plans of the government to invest R$44 billion to create PPPs to handle 57 projects, and include 22 sectors. Felipe Montoro Jens reported on an historic PPP in the city of Belo Horizonte’s PPP to upgrade luminary lights to LED lights. The Belo Horizonte project is the largest PPP in the country’s history. Felipe Montoro Jens reports by the year 2020 the city would have upgraded 182,000 lights. Currently there are other cities in Brazil planning similar PPPs to try and replicate the success Belo Horizonte has shown.
Felipe Montoro Jens also obtained the list of airports that Infraero will no longer be responsible for. Felipe Montoro Jens listed Brasilia, Confis (Belo Horizinte), Galeao (Rio de Janeiro), Guarulhos (Sao Paulo), Maceio (AL), Joao Pessoa (PB), Aracaju (SE), Juazeiro do Norte (CE), Campina (PB), Recife (PE), Varzea Grande (MT), Rondonopolis (MT), Alta Floresta (MT), Barra do Garcas (MT), Victoria (ES) and Macae (RJ) to all be auctioned during the last three months of 2018.