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Explaining The Adoption Process

Brazilian Business Capitalizes from Operating State Properties

Felipe Montoro Jens is helping get some government projects auctioned off to the private sector during the second half of 2018. Fifty-seven projects in 22 sectors were scheduled to be added to the private initiative for a total investment of $44 billion. Included in the Partnership and Investment Program (PPI) are infrastructure projects like improvements to many airports.

At auction is Infraero’s 49% participation in the infrastructure construction improvements for Confins International Airport in Belo Horizonte; Galeao International Airport in Rio de Janeiro; and Guarulhos International Airport in Sao Paulo. Also coming up for auction are construction bids for highway improvements. FR-153, the stretch of highway between Annapolis and Alliance and BR-364, the area of highway between Commodore and Old Port. The government of Brazil is making a concerted effort to privatize much state owned and operated property, shifting the costs upkeep from public to private.

In addition to the airports and sections of the roads, rights to the ports are also going up for auction: the port terminals of Belém (PA), Vila do Conde (PA), Paranaguá (PR) and Vitória (ES) during the second half of the year. Brazil is still working out the sale of other public institutions that it wants to privatize: the Docks of the Holy Spirit, Casemg, the Mint and Ceasaminas.

It may seem odd that the Brazilian government is selling the Mint, the house where money was printed and currency minted as well as passports made, but due to the advancement of technology, the space is no longer needed. The Minister of the Secretary-General of the president, Moreira Franco, made it clear that the government would not be harmed by the sale only enriched.

PPI is an overall program is designed to generate jobs and form good bonds between the Brazilian government and private enterprise. The opportunities for private business to invest in operations formerly controlled by the state will create a healthy flow of profits for everyone, including the government of Brazil.

Find out more about Felipe Montoro Jens: http://www.saguarostudios.com/the-uniqueness-of-felipe-montoro-jens/

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