Felipe Montoro Jens sees Infrastructure Auctions in the Fourth Quarter of 2017 by the Brazilian Government

An article on felipemontorojens.com.br recently outlined plans for 18 infrastructure auctions in the fourth quarter of 2017 by the Brazilian government to deal with blowbacks of poor Public-Private Partnerships. The second half of the year has been busy for most people and according to the article, Tarcisio Gomes de Freitas is expected to hold 18 auctions for the infrastructure sector. According to Felipe Montoro Jens , Tarcisio Gomes de Freitas, who is the project coordination secretary of the Investment Partnership Programs, made assurances that the schedule for the auctions would not be changed despite the political debate in Brazil.

According to the article, the auctions started in September and would continue alongside the political dialogue. And because some contractors announced the shutdown of important projects, there was a call to the private sector’s involvement. Felipe Montoro asserted that the project sought to encourage the participation of new players.

The challenge to increasing Brazil’s productivity, according to Tarcisio Gomes de Freitas, is the growth and modernization of the infrastructure. The project coordination secretary added that building governance on projects is a big benefit of the Investment Partnerships Program. He associated unemployment with the scarcity of investors due to the cycle created by the fiscal budget.

The strategy of the program is to work with ministries and select projects which are attractive to investors and are likely to succeed, says Felipe Montoro. The article cites the case of the April auctions of transmission lines, which was considered the biggest auction in history. According to Montoro, the aim of the project is to correct mistakes made in the area of Public-Private Partnerships by the State’s over-intervention, which caused an imbalance. In the first year of Michael Temer’s presidency, PPI has held over 40 auctions in the infrastructure sector alone. This is a statement to investors that the government has moved to a pro-business stance.

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