As one of the most highly regarded professionals in the Brazilian financial industry, Felipe Montoro Jens is an individual who’s insights are taken seriously when he comments on the economic situation in his home country. He is particularly well known in regard to his expertise in the area of infrastructure and has been involved in some of the most significant infrastructure projects that have taken place across the country of Brazil. Felipe Montoro Jens has also built up an impeccable reputation in regard to providing advisory services to the government of Brazil and private companies. He previously worked on a major project for Enel Group that involved work in the area of structured finance. Learn more on ideamensch about Montoro Jens
In regard to the Brazilian infrastructure sector, Felipe Montoro Jens has recently weighed in on some pressing issues. The issue that he is commenting on is the fact that there has been a significant number of public infrastructure works that have been stopped over recent history. In fact, the Brazilian Planning Ministry has released data that shows that there are nearly 2,800 public works across the country of Brazil that are now stalled and over 500 of these public works are directly related to necessary infrastructure. Felipe Montoro Jens has pointed out that 18.5 percent of all infrastructure works are paralyzed at the moment and this is costing the Brazilian public greatly. Felipe Montoro Jens reports that this cost is in excess of R$ 10 billion.
The area of basic sanitation has been the sector hardest hit by the recurring problem of stalling in infrastructure projects. There are also a significant number of highway, railway, waterway and port works that have come to a halt recently due to the fact that so little of the annual budget has been placed into the area of infrastructure. Felipe Montoro Jens has highlighted the fact that there are numerous reasons for these stoppages including contractors pulling out of jobs and budgetary issues among other difficulties that are faced by Brazilian infrastructure.