The Brazilian government has signed an agreement with a consortium of private investors to boost basic sanitation throughout the country. The private investors were represented by the National Bank for Economic and Social Development and Trata Brasil. The latter is an organization that manages sanitation projects. The firm’s president Edison Carlos believes that the partnership will improve resource management, which was previously the main challenge facing sanitation projects.
The partnership mainly seeks to reduce waste levels. Prominent Brazilian infrastructural guru Felipe Montoro Jens points out that there needs to be a paradigm shift as far as basic sanitation concerned. At the moment, a whopping 90% of sanitation services is provided by the government with private firms accounting for a paltry 10%. The narrative needs to change by giving private firms a larger stake. Besides having the required manpower and machinery, the private sector has the financial muscle to provide sanitation services.
Felipe advices that the inclusion of private companies in waste management is long overdue. Nonetheless, there is need to create a good working relationship between the government and the private sector so that the two complement each other’s efforts. This is likely to be achieved if the recently-signed concession is anything to go by. BNDES is mandated with the role of financing the initiatives besides ensuring that each project is designed to address challenges facing communities living in each locality.
About Felipe Montoro
Felipe Montoro Jens is a renowned financial and project management specialist. He works at Energizer Captacao S.A where he serves as the president and CEO. He mainly focuses on making investments in infrastructural projects.
Felipe has had a remarkable corporate career that has seen him work for several Brazilian corporations including Concessionaria do Centro Administrativo do Distrito Federal, Santo Antonio Energia, and Braskem S.A where he served as a director. He is also one of the most insightful commentators on Brazilian news outlets.
Find out more about Felipe Montoro Jens: http://www.comunique-se.com.br/release.aspx?title=e-preciso-falar-de-parcerias-publico-privadas—com-felipe-montoro-jens&releaseid=126722&partnerid=11&