Felipe Montoro Jens, Reports That Government Projects That Will Be Granted In The Second Part of 2018

The action that was held in August with the purpose of assigning projects by the Federal Government was attended by the Infrastructure Specialist, Felipe Montoro Jens. He reported that over half of the projects in 22 categories would be assigned to the private sector in the second part of 2018. Approximately 57 projects with an estimated value of R $44 billion are included in these 22 categories.

A few of the projects that are scheduled to be assigned by the Program of Partnerships and Investments (PPI) include the development of Congonhas airport and the deal for disposing of the stakes of Infraero’s in airports around Brasilia. The PPI was created by the federal government with the aim of strengthening the bond between government and private sectors while generating jobs to promote the economic development of Brazil.

Felipe Montoro Jens stated that the PPI has a 49% interest in the associations that have prior grants of these airport terminals. He also pointed out that BR-153 that was previously associated with the Galvão Group is now back on the list of concessions given by the government. In addition, a massive project of a highway is set to be auctioned in the last three months of 2018. This highway project is a stretch of land that is approximately 900 kilometers in length. The other port terminals of concessions scheduled for the same period include the Belém, Vitória, and Paranaguá.

The Ministry of Transport has stated that the auction of the mentioned projects along with many others is set to be scheduled in the final three months of the Michel Temer’s government’s current tenure. The government also announced with limited details about the sale and privatization of the Mint which is a state-owned company. Other companies that will be included in the process of disposition and privatization include Casemg, Ceasaminas, and Docks of Espírito Santo. At the same time, it was openly declared that the sale of specific companies such as the Mint would help in the development of the company as the proceeds received by the sales will be used primarily to make passports for residents.

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