As Brazil slowly climbs out of a severe economic recession, government and business leaders seek out new solutions to improve the country’s infrastructure in order to provide the stability necessary for sustainable economic growth. One ambitious undertaking, which has been endorsed by Brazilian businessman and financial expert Felipe Montoro Jens, will be overseen by the Brazilian development bank (BNDES). The BNDES will begin a bidding process to select appropriate partners to assist in water projects throughout the country.
The purpose of the new initiative is to improve the level of basic sanitation in Brazil, especially by reducing waste, one of the major reasons that state water enterprises are losing money. According to Felipe Montoro Jens, around 90% of water treatment services are currently provided by public enterprises. However, it is his belief that the involvement of the private sector will not undercut the government’s role in providing clean water and basic sanitation. On the contrary, Montoro Jeans is of the opinion that involving corporations can only help as their technological resources will be a boon to current infrastructure projects.
According to Montoro Jens, the key to success will be setting clear goals for private-sector-involvement and maintaining government oversight and accountability at all times. The businessman and financier is extremely optimistic about the potential this project has for success.
Felipe Montoro Jens has over 25 years of experience in real estate and infrastructure development. He sits on the boards of several international corporations and organizations and is frequently interviewed by media on a variety of business topics.
Montoro Jens earned his business degree from Getulio Vargas Foundation in Sao Paulo, one of the country’s top universities. After finishing college, he continued his education in the United States. He earned an MBA from Thunderbird, a graduate business school known for its innovative curriculum.