Felipe Montoro Jens Gives a detailed Insight into the Development of the Privatization Process in Brazil
For a long time, Brazil has always demonstrated a strong identity with the state. For Felipe Montoro, this situation was more evident during the 20th century. The country had to take part in the infrastructure sector in an attempt to attain modernization. This process is one of the ways for Brazil to meet its investment demands. Felipe Montoro offers the following explanation as follows:
During the 20th century, Brazil had a significant existence of the state. The idea for privatization of infrastructure cropped up while the country was dealing with her political environment, which began in the 1930s. Over the following 50 years, the number of state-owned businesses increased. Later in April 1990, the National Privatization Program kicked off. In turn, the privatization process comprised of the aeronautical, petrochemical and steel industries.
In 1995, the Concessions Law created specific types of industries like electricity, sanitation, transportation, banking, and telecommunications corporations to serve as priority privatizations. After the government passed the Public-Private Partnerships Act in 2004, the telecommunications industry became the first sector to be governed by private agents.
About Felipe Montoro Jens
When it comes to infrastructure and finance, Felipe Montoro has proven to be a go-to expert on such matters in Brazil. He has garnered vast experience throughout his illustrious career. Felipe used to work for TernaS.p.A’s structured finance and project development divisions. Additionally, he has worked in other departments such as consulting and auditing at PricewaterhouseCoopers. Felipe Montoro sits on the board of directors of Concesionaire do Centro Administrative do Districto Federal S.A as the chairperson.
Aside from maintaining an impressive record of accomplishment throughout his career, Felipe Montoro Jens is well-educated on business matters. In fact, he graduated with a business administration degree from FGV and later received an MBA from US-based Thunderbird School of Global Management. Felipe has also proven to be an excellent public speaker.
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