The Brazilian National Confederation of Industry speaks for the industry of Brazil. Moreover, the Agency’s mission is defending as well as representing the industry through promoting a comfortable environment for business, as well as the sustainable growth of the state. In a recent research study by this agency, speculation regarding the current issues facing the Brazilian economic situation was discussed. Felipe Montoro Jens, an expert in the sector of infrastructure, has issued a report on this issue. More about of Felipe Montoro Jens at ideamensch.com
The title of the report is ‘ Great Works Stopped’ and the subtitle is How to Face the Impending Issue. Another participant included in this research and discussion was Mr. Dyogo Oliviera, the minister for planning. The report was garnered in 2017, and it highlighted the key areas that the government should work on in regards to the economic situation. It also addressed how the economic situation was affecting the development of different projects including infrastructure in different parts of the country.
In the research study, it was discovered that about 2700 projects had been stopped in the process of implementation. Also, in these projects, about 517 are linked to infrastructure, and they cost about R $10.7 billion. Jens goes ahead to point out that these developmental projects include sanitation, highway projects, airport development as well as railway and urban mobility development. Lastly, he mentions waterway projects.
Challenges Faced by the Institutions
Simultaneously, Ilana Ferreira, a representative of the National Confederation says that these projects are extensively affected by the poor growing population of the state. This means that the implementation is hindered by the economic strains placed in these institutions. An additional factor that affects these projects is most institutions run out of money.
Felipe Montoro Jens
Felipe Montoro Jens boasts of more than ten years experience in infrastructure and the finance industry. He is known for heading these projects not only as a manager but as a consultant as well. Moreover, he advises business professionals on different arrangements within the government. He is also prominent for heading Public-Private Partnerships prominently known as PPPs.