The Water and Sanitation Sector Stands to Gain From Engaging The Private Companies, Reports Felipe Montoro

Recently, the Brazilian Government divulged information about some intended concessions in the water and sanitation sector as a partnership with the National Bank for Economic and Social Development (NBESD). This stirred a debate, which the water industry is willing to dive in. Felipe Montoro engaged Trata Brasil’s President, Edison Carlos in an interview where he gave his insights on the matter.

 

Complementary Partnership

 

The Initiative aims at engaging private companies in providing water and sanitation services to the public. Currently, the public sector delivers 90 percent of these services 70 percent of which comes from state organizations. According to Edison Carlos, the public sector will not be excluded when the industry comes into the picture; rather it stands a chance to benefit from the advanced technology and the many resources owned by the private companies. In the end, this initiative will benefit the water and sanitation sector in a positive way, particularly in the way it is structured and managed.

 

Due Diligence

 

Edison Carlos noted that public agencies need to do thorough inspections on the private companies that will be engaged. The companies’ operations should be able to match with the needs of the public. The goals intended should also be highlighted clearly in the contracts. The NBESD will be mandated to create strategic plans for each state that it has a presence in. Through surveys, the bank will do an analysis on the state of the water sector in every location. The bank will then roll out the project based on these findings.

 

About Felipe Montoro

 

Felipe Montoro is a renowned figure in the Brazilian infrastructure sector. He has been trained in finance and administration up to the master’s degree level at the Fundacao Getulio Vargas and the reputable Thunderbird School.

Felipe Montoro boasts unmatched experience in auditing, finance, consulting, operations management, and projects development from the real estate, oil, and gas industries. http://www.radaroficial.com.br/d/28075923