Benefits of Concessions on Basic Sanitation Services
The Brazilian government plans to create a partnership with the National Bank for Economic and Social Development. The government’s main aim in collaborating is to minimize conflict with the National Bank. Trata Brasil’s president recently talked about the important issues relating to the introduction of this partnership. One of the key issues President Edison highlighted was Brazilian sanitation. He claimed that it is public labor that performs 90% of Brasil’s basic sanitation services and out of the 90%, the state organization manages to serve about 70% of Brazilians. In addition, the president said that its government agencies possess extensive experience that helps in laying an effective investment strategy by collaborating with the National Bank.
The National Bank hopes to develop modified action plans of its services to the state. President Edison states that this move will help the bank in various ways such as, by enabling the bank in adapting projects to the needs of each state, among others. Water shortage in Brazil was another issue pointed out by the Trata Brazilian president. The water issue led to the flow of financial resources in the water sector. He further said that waste made it impossible for states to receive sanitation services.
According to Mr. Montoro’s report, the president recommended the private enterprise’s resources that can prevent water from being wasted. Therefore, he has called upon his government to endorse such technologies and come up with better investment in sewage infrastructure.
About Felipe Montoro
Mr. Felipe Montoro Jens previously served as an alternate member of the board of directors, and as a nominee of a South African company. He is currently serving as the Chief Financial Officer and is also responsible for the company’s investment sector. Earlier on, Mr. Jens worked in the planning, controlling, treasury, and project finance divisions with the company’s group of professionals. He also served as a director of Braskem Company in 2010 to 2013 and later on, as director of Concesionaria Trasvase Olmos. Mr. Felipe graduated with a degree from Getulio Vargas Foundation. Besides, he also holds a graduate degree from Thunderbird School of Global Management.