During the first year of Michel Timer’s government, the Investment Partnerships Program (PPI) has already held 44 auctions in the infrastructure area. This means raising approximately R $ 23 billion in investments. According to the project coordination secretary of the PPI, Tarcisio Gomes de Freitas, the project schedule follows this month and should not be modified, even with the political turbulence that the Brazilian government is undergoing. The subject matter specialist is the Infrastructure Projects specialist, Felipe Montoro Jens. “18 auctions are planned in the second half of 2017, starting in September
According to the secretary of project coordination of the PPI, there is a great challenge to increase productivity in Brazil and the necessary path to be covered is inevitably passed by the infrastructure sector. “We need to break the vicious cycle that drives away investors and increases unemployment (…). There is no escape from the concessions, in which we perceive gains. After all, we cannot be hostage to the fiscal budget, “said Freitas, who also stressed that a major advantage of the Investment Partnerships Program is the creation of governance over projects. “We have created a hub, articulated with ministries, that seeks to select projects that are really attractive to the private sector and are succeeding.” The secretary highlighted the auction of transmission lines that happened in April this year and was considered the largest in history, says the expert Felipe Montoro Jens.
According to Tarcísio Gomes de Freitas, one of the objectives of the PPI is to correct a “repertoire of mistakes” committed in the past in the area of Public-Private Partnerships (PPPs) due to an excessive state intervention that caused the project’s risk unbalance , plays Felipe Montoro Jens.
When Freitas was asked by André Lahóz Mendonça de Barros if the mistakes made in recent years in concessions left marks on the decisions taken by foreign investors, Felipe Montoro Jens reports that the secretary’s response was to cite the presence of international consortia in the auctions held in the Investment Partnerships, in particular, in the airport concessions, which were held in March. “I believe it was clear to these investors that the government has left an anti-business line and moved on to a pro-business line with Timer,” added PPI’s project coordinator, Tarcisio Gomes de Freitas.