It was December 2004, the Federal Law 11,079 / 04 was passes. Federal Law 11,079 / 04 outlines rules and regulations for public private partnership, how and when they are used, and how and who gets paid. The Brazil recognizes public private partnership, as good tool to reduce deficits and get expensive projects done. Public private partnerships are very effective in helping governments leverage the strengths of the public sectors, and the private sectors. Felipe Montoro Jens has learned about R $ 44 billion investment to be implemented over 57 projects, and expanding to include 22 sectors, in an effort to create more public private partnership projects in the country. Program of Partnerships and Investments (PPI), is a government agency who is responsible for creating good relationships between the public and private sectors, to encourage more public private partnerships. Visit infomoney.com to learn more.
The government ran and operated company Infraero is currently responsible for all the major airports in Brazil. Infraero, also own 49% of the stocks of each of the companies under its jurisdiction. Infraero being a government company, has a huge financial burden running so many airports. The use of a public private partnership in the case of Infraero would releave some of the financial burden on the government and would help cut the deficit, which contributes to the overall conditions of the economic climate. Felipe Montoro Jens has learned Brasilia, Confis (Belo Horizinte), Galeao (Rio de Janeiro), Guarulhos (Sao Paulo), Maceio (AL), Joao Pessoa (PB), Aracaju (SE), Juazeiro do Norte (CE), Campina (PB), Recife (PE), Varzea Grande (MT), Rondonopolis (MT), Alta Floresta (MT), Barra do Garcas (MT), Victoria (ES) and Macae (RJ) are all no longer going to be part of Infraero’s airports. These airports are scheduled to auctioned to the private sectors during the last three months of the year according to Felipe Montoro Jens.