Brazil’s Mint among companies to go to the private sector, Felipe Montoro Jens

A stimulus package is planned to hit the Brazilian government in 2018, totaling R $ 44 billion. This R $ 44 billion package, according to Felipe Montoro Jens, will encompass 57 projects over 22 sectors. The Program of Partnerships and Investment (PPI) is deployed to manage the funding and guide the implementation of these projects.

The Program of Partnership and Implementation is a government organization, who was created for the sole purpose of unifying the public and private sectors, through relationship building, in an effort to create an optimal environment that promotes job creation and economic growth. PPI really focuses on building public private partnerships. According to Felipe Montoro Jens, these 57 projects are going to consist of airport managerial changes, major road work construction projects, and the privatization of three public facilities.

Felipe Montoro Jens reported the Brasilia, Confis (Belo Horizinte), Galeao (Rio de Janeiro), Guarulhos (Sao Paulo), Maceio (AL), Joao Pessoa (PB), Aracaju (SE), Juazeiro do Norte (CE), Campina (PB), Recife (PE), Varzea Grande (MT), Rondonopolis (MT), Alta Floresta (MT), Barra do Garcas (MT), Victoria (ES) and Macae (RJ) are all to be relinquished by Infraero. Infraero is a government ran company that is responsible for all the major airports in Brazil. Currently Infraero also owns 49% of the stocks of all the airports currently under their jurisdiction. Read this article at odiario.com about Felipe Montoro Jens

Felipe Montoro Jens, also obtained the list of public companies that are going to be sold to the private sector as part of these 57 projects. The Mint, Ceasaminas, Casemg and Docks of Espirito Santo are all scheduled to no longer going to under the control of the federal government. The Mint comes as a surprise, giving they are responsible for currency and passports. The Minister of the Secretary General of the Presidency, Moreira Franco felt the need to explain the reasons of coming to the conclusion of selling the Mint was due strictly to supply the Mint with the much needed technology offered by the private sector.

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