Felipe Montoro Jens is one of Brazil’s top experts when it comes to infrastructure. He recently went over the implications of a report titled, “Great Works Stopped: How To Face the Problem?” This was written by the National Confederation of Industry (CNI), Brazil’s trade union system’s highest official body. The report, based on data the Ministry of Planning provided, lists almost 2,800 construction projects that have been frozen. Over 500 of these are public infrastructure projects, tying up R $10.7 billion in public coffer money. Find out more at consultasocio.com to learn more.
The author of this study indicated that Brazil only invests 2 percent of its GDP in infrastructure. It is often the case in Brazil that an infrastructure project will get started, taking up resources, and then get abandoned. Felipe Montoro Jens says that a lot of resources, including time, are spent with no public benefit. It isn’t just complex projects that are being affected by this issues such as airports and urban mobility works. Also affected are simple projects like building a daycare facility or a preschool.
The study went into why this phenomenon is occurring so much in recent years. One of the conclusions was that when the economic crisis started to really batter the Brazilian economy a lot of smaller businesses working on these projects ran out of money and so abandoned whatever they had been working on. Felipe Montoro Jens says that other issues include a lack on internal controls and very poor planning on the part of government officials.
After finishing his reading of the report Felipe Montoro Jens said that he doesn’t see it having much impact, unfortunately. The country has completed many reports and studies in the past but they are always ignored. He calls for more attention and a government that will stop making the same mistakes of the past.
Read more: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/160655/investimentos-em-infraestrutura-sao-peca-chave-para-que-mato-grosso-amplie-sua-exportacao-de-soja-destaca-felipe-montoro-jens