Felipe Montoro Jens details future PPP projects for 2018

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.

Read: https://exame.abril.com.br/negocios/dino/china-disponibiliza-aos-empreendimentos-brasileiros-fundo-de-us-3-bilhoes-reporta-felipe-montoro-jens/

 

Igor Cornelsen Valuable Tips for Investing in Brazil as a Foreigner

Brazil is an excellent place for the investors to go back into the growing financial sector of the country. The big boys, such as Igor Cornelsen, hanging around waiting for this time are just beginning to reap maximum benefits. The economy of Brazil is back to constantly posting gains that are positive; the economic turmoil is coming to an end, and China is back again in full production mode adding to the party.

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However, if you have never invested tried investing in a foreign property earlier, there are some things that you will need to know. That is, you have to know what to expect from placing your money in another nation. With Brazil, there are several unique points to consider before dreaming of spending a single dollar. Here is what Igor Cornelsen broke them down plus several useful strategies for avoiding pitfalls as well as maximizing individual gain without having to take too much risk.

Familiarize with the Currency Restrictions

Brazil is known to have strict currency controls. For Instance, if you aren’t a local business or resident, you have to find a bank that is authorized to exchange. Also, many exchange rates are there, depending on the transaction type. A smart person can use that to their benefit, though research into the laws of currency is necessary.

Connect with the Natives

The country has many entrepreneurs and business-oriented individuals. According to Igor, it should be simple networking and connect in Brazil. Twenty-five of Brazilians between 18-64 are self-starters in business. Also, Brazilians like talking and are usually genuinely welcoming. Hence, it’s easy doing impromptu focus groups plus soliciting new ideas.

Get Ready for the Red Tape

The government of Brazil has been heavy, especially on the regulation. Therefore, it could be hard making into business with the red tape blocking people. Though the market is growing, it’s still delicate, that is the reason why there are many regulations. It’s a good idea first to research them in advance to be able to deal with the ones that are unavoidable as well as avoid the ones possible.

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