The economic crisis that is still haunting Brazil has led to interruption and delay of major projects, reports infrastructure expert, Felipe Montoro Jens. Montoro references a study carried out by the National Confederation of Industry (CNI) that analyzed data from the Ministry of Planning. The study indicated that about 2,796 projects which are supposed to be on progress are currently on pause. 517 of these are in the infrastructure sector as Felipe Montoro Jens notes.
According to CNI, Brazil does not invest enough in infrastructure despite the country being in huge need of ambitious projects. Among the works that are momentarily paralyzed includes five railways, 16 airports, 30 highways, five waterways, and eight urban mobility. According to Montoro Jens, even less expensive projects such as the construction of day care centers, sports facilities, and pre-school centers has also been put on hold. More about Felipe Montoro Jens at infomoney.com
Even though the economic crisis has been a major glitch in the progress of these projects, CNI also says that other factors have also contributed to the halt. These are factors such as land ownership disputes, property ownership, technical problems, poor planning and budgeting, and companies walking out of projects. Felipe Montoro, says that the study by CNI gives an actual picture of what is ailing most infrastructural projects in Brazil.
Montoro concurs that lack of technical planning is one of the most substantial hindrances to the completion of these projects. In a bid to curb and contain these delays, CNI suggests Proper prior micro and macro planning, evaluating the best ways to execute projects, selecting qualified and experienced contractors who are fully-equipped, and also installing knowledgeable leaders that will oversee the internal affairs of these projects. Felipe Montoro hails the solutions from CNI and advocates for its implementation.
More about Felipe Montoro Jens
Montoro works at Energipar Captação S.A. as the Chief Executive Officer besides serving as the Chairman of Concessionária do Centro Administrativo do Distrito Federal S.A. He is an infrastructure expert who is also seasoned in formulating financial strategies for big corporations and high net worth individuals.