The recent announcement by the government that it would grant concessions in partnership with the National Bank for Economic and Social Development (BNDES) has sparked different reactions in various sectors of the economy. In a recent interview, Felipe Montoro Jens pointed out that the concessions would help reduce wastage of resources, especially water. The involvement of private organizations in the management of public resources will ensure more efficient utilization of the resources and development of infrastructure such as sewage systems since private firms have more resources than public organizations. The goals of the projects will be clearly set out in the contracts to avoid any confusion or conflict down the line.The projects will be tailored to each individual state’s needs to ensure that the objectives are met.
About Felipe Montoro Jens
Felipe is an infrastructure expert based in Rio de Janeiro with extensive experience in various fields including water and sewage, oil and gas, real estate, defense and technology among others. He is currently the CEO of Energipar Captacao SA, and holds several other high-profile positions in a number of companies. He also serves on the boards of a few companies.
Mr. Montoro has made a great contribution to the country’s economy hence the high regard and authority he is accorded in the business sphere. He studied business administration at the Getulio Vargas Foundation. He graduated from the Thunderbird School of International Management with an international management master’s degree.
The BNDES concessions initiative is bound to benefit the country’s economy greatly as Felipe Montoro pointed out. However, some control measures need to be implemented to ensure that the services provided are of the required standards and that the cost of undertaking the projects is not too high. According to Felipe Montoro Jens, this collaboration will also greatly improve the financial performance of public entities.