The Northeastern states of Brazil have started working on a number of projects in a variety of sectors. The state governments are doing concessions, subconcessions, and PPPs. One of the active officials in the plans is the infrastructure expert Felipe Montoro Jens who is also known as one of Brazil’s most capable businessman.
According to Felipe Montoro Jens, the northeastern states have signed 23 PPP contracts already with prospects for even more contracts. The already signed ones are worth over 28 M Brazilian dollars. That is the second largest volume, the first one being the over 60 contracts made by the southern states, says Felipe Montoro Jens. From the northeastern states Bahia, Piaui, Maranhao, Pernambuco, Ceara, Alagoas, Rio Grade do Northern, and so on, are hard at work on various concession and PPPs projects.
Pernambuco has some of the largest projects among the northeastern states. The sanitation company of the state is COMPESA, and it is a part of the initiative of BNDES- the National Bank of Economic and Social Development. The bank is focused on increasing the involvement of private capital in the country’s sanitation sector. Felipe Montoro Jens reported that BNDES is working with advisory services to help them analyze what business models will be able to attract investors to the 15 states.
Maranhao is working in the criminal justice sector. the state is establishing front prisons which will be completed by June 2019.
Bahia is working in transportation and will e substituting the suburban train with a road of about 19 miles stopping at 21 places. The project will be an advantage for nearly 2 million citizens. The Piaui state is working on as many as 24 concession projects in sanitation, consumer services such as Internet connection, and several infrastructure projects. The most significant of the plans is with a sanitation company to increase the capital’s sewage network.