Felipe Montoro Jens Shares How Privatization Has Improved The Brazilian Economy

Felipe Montoro Jens has worked in the financial industry for the past 25 years. One of the major corporations he has worked for is Enel Group S.P.A. where he was in the finance department and managed project developments. Other companies he has worked for include Luciano NitriGuidolin and PriceWaterhouseCoopers.

He is an expert in infrastructure who has received national attention in Brazil. He works as a consultant on Public Private Partnerships (PPPs), advising both private companies and businesses on how to structure their contracts. Felipe Montoro Jens graduated from the University of California, Santa Barbara and from Oregon University.

The Brazilian economy used to be tightly controlled by the government. The government had monopolies in multiple industries such as aviation, telecommunications, oil and gas, and steel. Since 1990, there has been an ongoing effort to privatize most of these government-owned companies. Felipe Montoro Jens says this has led to a much better economy and far more innovation. Read this article about Montoro Jens at empresassa.com

The government-owned company he used as an example of this privatization is Telebras. This was the government’s telecommunications firm. In 1998, it was split into 12 different holding companies. Each company was then sold to a different bidder in order to prevent a monopoly from forming. This transformed the industry and there is now healthy competition between these different firms.

Felipe Montoro Jens points to the 2004 Public Private Partnerships Act for what made his current career possible. Because of this act private companies now build most of the infrastructure across Brazil such as sanitation, roads, public schools, and libraries. The size of government shrank due to this act and private companies started to prosper. He doesn’t see any way of going back to the old ways of doing business in Brazil since privatization has worked out so well for the country. Learn More: http://www.consultasocio.com/q/sa/felipe-montoro-jens