In recent news, the infrastructure is sector is among the 2,776 buildings affected by the interruption of stationary works in Brazil. The 18.5% of the works stopped in infrastructure, with the basic sanitation section the most affected by the situation. It will greatly cost the public coffers.
Besides the fact that Brazil invests only about 2% of the GDP in infrastructure, it is responsible for huge volumes of resources in this sector. The shutdowns continue to utilize resources without enhancing the generation of benefits to the society. This in itself reflects the downsides of the process of executing projects in the public service sector. Find out more at consultasocio.com to learn more.
According to Felipe Montoro Jens, the CNI study brought to light the interruption of construction projects in daycare centers, pre-schools, and sports facilities in educational institutions. This is despite facilities along this line being cheaper and simple. The CNI study, the interruptions in the construction process was as a result of many issues. Some of these reasons include;
Companies abandoning the projects
Inadequate finances and budgetary problems
Misunderstandings in land ownership and expropriation
Furthermore, Felipe Montoro Jens continues to cite that the economic crisis in Brazil raises the need to restrict spending. As such, the Federal Government resulted in crippling vital infrastructure projects in the country. In order to avoid such stoppage situations in the future, Brazil needs to heavily invest in Macro planning. Also, it is advisable to analyze the most feasible modality in executing projects. The government should also engage well-equipped teams with balanced contracts. Strengthening internal control procedures is equally paramount in enhancing successful completion of projects.
About Felipe Montoro Jens
Felipe Montero Jens is an infrastructure specialist based in Brazil. He is the head manager in charge of Public-Private Partnership (PPP) projects. He is responsible for ensuring that infrastructure projects in Brazil are successful. Felipe bases his excellent skills and expertise in finance and investment fields on the Getulio Vargas foundation where he gained his undergraduate degree. Moreover, he attended the Thunderbird School for Global Management to sharpen his skills in management.
Today, he is one of the most reputable project managers in Brazil. Through his vast experience in the field, Felipe Montoro Jens has emerged to be a notable expert in the management of infrastructure throughout the country.