In the competitive financial industry of Brazil, Felipe Montoro Jens is one of the most known and respected figures. Throughout Felipe Montoro Jens’s career, he completely focused on projects associated with infrastructure. He has served with many companies in Brazil as the Board of Director, and he has helped these companies make sound investment decisions. Most recently CNI (National Confederation of Industry) did some research to identify why public works stopped. More about Felipe Montoro Jens at infomoney.com
The results of the research showed that more than 2700 government projects had stopped. The report also explained how the economic situation of the country significantly affected the development of various projects and infrastructure within the country. The representatives of CNI claimed that the projects were being affected by the increasing number of poor people. They added that the economic strains experienced by the institutions influence the implementation process of the projects. Consequently, most institutions have limited funds for completing the projects.
According to Felipe Montoro Jens, the interruptions are as a result of the economic crisis currently experienced in Brazil. There is dire need to conserve funds in the economy, thus leaving many public projects hanging. He also claimed that there is poor communication between various parties that are responsible for these projects which makes them stop.
Felipe Montoro Jens recommended six solutions that can help the government of Brazil avoid these problems in future which are:
- Improve macro-planning
- Determine the most significant execution modality
- Perform an efficient micro-planning
- Train teams
- Develop more balanced contracts
- Improve internal control
Felipe Montoro Jens stated that the government should implement the above solutions so as to avoid future problems. He also advises the government to pay attention to all the surveys from different institutions such as CNI because they provide a real picture of the economy.