The Brazilian lawmakers passed the federal law 11,079 in 2004. The 11,079 law was passed to outline details Felipe Montoro Jens. Brazil has been teaming up more and more with private partners to complete relatively expensive infrastructure projects. The Program of Partnerships and Investments (PPI), was created by the government to help create more public private partnerships from relationships created between the government and private business owners.
Felipe Montoro Jens detailed reports on Rio de Janeiro’s $2.3 million hiring of the World Bank’s International Finance Corporation (IFC).The International Finance Corporation will be used to finance and manage the implementation of the public private partnership project to expand the child education network. The city’s new Mayor Marcelo Crivella made commitment to his supporters to create 20,000 new child care facilities, and 40,000 early childhood development facilities. The International Finance Corporation will play a key role supporting the financial needs in completing this project. Rio de Janeiro’s expansion network is projected to be completed by 2020. Read more at Exame about Felipe Montoro Jens
Felipe Montoro Jens also detailed the Light Rail Vehicle Project (VLT). The Light Rail Vehicle Project, is a public private partnership in the state of Piaui. The Light Rail Vehicle public private partnership project is an upgrade to 19 miles and 21 stops along the rail line. It is projected to help over 1 million people in the state of Bahia. Mr. Felipe Montoro Jens also spoke of the public private partnership in Piaui, upgrading the infrastructure bringing internet access to the state. According the Felipe Montoro Jens there will upgrades to fiber optic cables, and more access points throughout Piaui helping more than 2 million people in Piaui access the World Wide Web. In Pernambuco, there is a big effort to rally investors for a 15 state expansion of public private partnerships. The National Bank for Economic and Social Development (BDNES) is working with the Pernambucana Sanitation Company (COMPESA) in the effort of expansion. Felipe also detailed the plans in Maranhao using public private partnerships for a four prison construction project, scheduled for June 2019. More information here: http://www.consorciocorretora.com.br/