Felipe Montoro Jens, reports a historical implementation of public private partnership project is underway in the city of Belo Horizonte located in the state of Minas Gerais. The city of Belo Horizonte is currently implementing a 20 year project to upgrade all the public lights from luminary lights to LED lights. It is projected by 2020 there will have been a total of 182,000 lights upgraded as part of this project. This is the first time in history has a project of this magnitude ever been accomplished using a public private partnership. The success of Belo Horizonte’s public private partnership project has inspired other cites to follow in their footsteps, most notably Sao Paulo, Brazil’s most populist city.
Felipe Montoro Jens also was able to obtain information on an R $ 44 billion stimulus package invested by the Brazilian government in an effort to stimulate more public private partnerships. The R $ 44 billion will be in the form of 57 projects across 22 sectors. Felipe Montoro Jens reports Belem (PA), Vila do Conde (PA), Paranagua (PR) and Victoria (ES) ports are scheduled to be auctioned to the private sector during the last three months of 2018. Felipe Montoro Jens also noted details on another project included in the 57 projects. The plans of a big road work project accounting for over 800 kilometers. The BR-153 connecting Anapolis (GO) and Alianca (TO) also the BR-364 connecting Comodoro (MT) and Porto Velho (RO) is scheduled to be implemented during the last three months of 2018 also.
The December 2004 Federal Law 11,079 / 04 was passed to help create a standard environment in Brazil to govern how public private partnerships are supposed to be implemented. The Brazilian government has been making efforts to reduce the deficit, create jobs, and stimulate the economy, and public private partnerships can be the answer needed.