Felipe Montoro Jens Improving Northeastern States with Concessions Projects

There are a lot of concessions projects going on in the Northeastern states and felipemontorojens.com highlights a few. In an effort to avoid restrictions put on federal transfers a few Northeastern states are doing the transfers through a private initiative. This helps them tighten up their fiscal accounts without eating into their investments. An example of this is the Light Rail Vehicle Project from the Bahian government. It will replace the suburban train and benefit over a million people.

Continuing with using private relationships, the expert on Infrastructure Projects, Felipe Montoro Jens, said that a large concession signed with the sanitation company by the government of Piaui will help increase people’s sewage coverage.

In Maranhao, four prisons are being constructed and will house over two thousand inmates. The government is developing a public-private partnership to get this project completed. A survey taken by Radar PPP says that over twenty public to private contracts had been signed and they total over twenty-eight billion. This number makes them the second largest area with the South states having closer to sixty contracts according to Felipe Montoro Jens.

In Pernambuco, the sanitation sector is also getting into the game. The Sanitation Company is called COMPESA and is a part of the National Bank for Economic and Social Development’s initiative. They want to use these contracted private agreements to bring in more investors. The states are eager to find other models like these to be adopted and they have the World Bank that could work well with the future contracts.

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