Public-Private Partnerships have significantly revolutionized the Brazilian public service delivery landscape since their inception at the end of 2004. The law that introduced PPPs in Brazil has seen the government successfully provide essential public services even though faced with financial and operational challenges. While commenting on the recent PPP between the Rio de Janeiro Municipality and World Bank Group’s International Finance Corporation (IFC), Felipe Montoro Jens believes that the deal can go a long way in ensuring that the municipality provides education services effectively and efficiently. According to Felipe Montoro Jens, PPPs recognize the scarce nature of public resources. The partnership will see IFC build up to 60,000 daycare centers and infant education units. Read more at odiario.com to learn more.
According to the agreement, the IFC will construct the centers and units and maintain them. On its part, the municipality will take care of the learning or pedagogical component of the multi-million dollar project. The municipality will also provide lunch to the learners in addition to their administrative obligations. The construction of the centers and units has been scheduled to be completed by 2020. This is in line with the bidding and contracting guidelines provided by the law that authorized the concessions. Felipe Montoro Jens, a financial and infrastructural specialist, believes that the Rio de Janeiro’s PPP, which was first initiated by the city’s mayor, Marcelo Crivella, is similar to a similar one entered by Belo Horizonte Municipality in 2012. Drawing from his vast financial advisory, infrastructural development, and corporate leadership, Montoro believes that PPPs can help the public sector to manage its finances and resources effectively.
Career and Education Background
Felipe Montoro Jens is a highly experienced corporate executive with multiple skills and strong academic foundations which have seen him work in some of the largest corporations in Brazil. He has excellent industry knowledge, and business strategy, negotiation, and corporate financing skills.
He graduated from FundaçãoGetulio Vargas in 1993 with a Bachelor of Science degree in Finance. In 2000, Felipe Montoro Jens received his Master of Business Administration degree in Finance from the Thunderbird School of Global Management. He has held several high profile managerial positions at Odebrecht Industries and its subsidiaries since 2007.