The Brazilian administrative in its attempt to give their citizens a clean environment has partnered with the National Bank of Economic and Social Development (BNDES) to offer concession to private organizations to assist in the provision of water projects across the nation. The aim of this new venture is to enhance basic sanitation by eliminating the high level of water loss that had made the public sector to lose a lot of money.
According to Felipe Montoro Jens, 90% of sanitation services are executed by the government while the private sector handles approximately 70% of the country’s sanitation. For this reason, he believes the industry can help to supplement the government services as opposed to overpowering it. Both the public and private sectors can complement each other resulting in enhanced service delivery.
Moreover, in the interview with Edison Carlos, Felipe pointed out that the Private corporations are better equipped with the suitable technologies that can offer water management services as compared to the government. Therefore, their presence in improving sanitation is an added benefit for the country.
About Felipe Montoro Jens
Felipe Montoro Jens is a renowned entrepreneur in Brazil with business acumen for over two decades in both the public and finance sectors. Besides excelling in business, Mr. Montoro has worked in several other sectors including real estate and infrastructure, petroleum, water and sewerage, technology, auditing, consultancy, and structure finance. Additionally, Felipe is a member of several boards of intercontinental businesses and establishments.
Felipe’s educational background is business oriented, and he holds a business degree from one of the country’s prestigious universities dubbed as Getulio Vargas Foundation based in Sao Paulo. After he had completed his studies at this institution, he moved to the United States where he undertook his MBA at Thunderbird, a well-known business school with an innovative curriculum. http://www.radaroficial.com.br/d/28075923
In the past few years, the Brazilian economy has seen a steady increase, with the numerous amount of companies that have suddenly emerged in this fast developing market. The financial sector, in particular, has experienced an extremely positive outcome, owing to the influx of cash flow in the economy. Earlier this money, the government in Brazil announced that they would be working towards implementing concessions for the firms and businesses that are on the move of development in the country. The government stated that to put this plan into motion, they would be partnering up with BNDES (Brazil Development Bank). The plan of action that the government has proposed is a view of giving grants and subsidies to business so that they will invest more in the country.
In an interview with Edison Carlos, he pointed out the various nuances about the initiative and talked about the impact that it would have on the Brazilian economy. Edison is the president f Trata Brasil, a company that offers solutions in basic sanitation. Being a Brazilian national and someone who has a good amount of knowledge regarding the economy and the financial world, Edison was able to give a good amount of insight into the matter at hand. He explained the case concerning the sanitation industry in Brazil. In his interview, he stated that the company functioned as a public sector company, with a majority of its customers being served through state-run organizations. With the implementation of the new policies in place, private companies will not have more of an incentive to invest in the country, putting public service companies on a back seat.
In the interview, Edison Mentioned how since private companies have more resources, it becomes the state’s job to ensure that there is no wastage of resources. Since in some parts of the country, resources are scarce, the government should give subsidiaries based on the location that the company is setting up in, and the benefit that they would provide to the country and the area around which they are being built, ensuring that exploitation does not happen on any level.