About 20% of the total stagnated projects in Brazil are infrastructure in nature. This percentage is big owing to the fact that Brazil commits a huge percentage of the GDP to infrastructure projects. Felipe Montoro Jens estimates the figure to be about R $ 10.7 billion worth. As an infrastructure expert, Jens explores the reasons for these figures. Armed with reports and figures from Ministry of Planning and other affiliates organizations he tries to navigate the issue. The following is a comprehensive piece on the stagnation of infrastructure projects in the Latin America country.
Felipe Montoro Jens points out that the stagnation issue is contributed by many factors as opposed to a singular issue. Lack of proper planning is one of the main reasons why most projects in Brazil are incomplete. In most cases, the government invests in projects without proper visibility study. In some cases, the issue is mainly due to expropriation and bureaucratic compensation procedures. Lastly, Jens contributes the stagnation of infrastructure problems to lack of proper technology by the construction companies.
Check out ideamensch.com to read full interview of Felipe Montoro Jens
What are some of the remedies to this menace? Felipe Montoro Jens suggests some remedies to ensuring that a huge percentage of the Brazilian economy is not lost through stagnated infrastructure projects. Some of these remedies include the following. First, Jens suggests that the relevant bodies should do a better feasibility study before starting any project. However, planning before and during the project is an important route to completed projects. Jens points out planning should be comprehensive in approach and all spheres of any project should be part of micro and macro planning.
Felipe Montoro Jens believes that stagnation has a spiral effect on the Brazilian economy. Therefore, the 2% of GDP lost in the stagnated projects should be part of the economic growth. Together with CNI (National Confederation of Industry) Jens has been vocal on a better approach to infrastructure investment. Learn more: https://www.mundodomarketing.com.br/noticias-corporativas/conteudo/195210/conheca-com–felipe-montoro-jens-os-vencedores-do-premio-ppp-awards-2018-revelados-em-dezembro