Felipe Montoro Jens recently announced the construction of over 34,000 housing units in the city of Sao Paulo. Metropolitan Housing Company together with Housing Secretariat of Sao Paulo Municipality launched the Public-Private Partnership project. The construction sets to begin in 2018 and will take 6 years to complete. Felipe Montoro Jens hopes the project will create more than 100,000 jobs.
According to Joao Doria, Sao Paulo’s mayor, the city is first to construct a housing project via PPP in Brazil. Doria believes that the project will have a positive impact on residents of the municipality. Additionally, Joao hopes the project will set an example for other municipalities to follow. He also outlined that the city is experiencing industrial growth, improved trade as well economic recovery. He emphasized the project will create massive job opportunities for the residents. The aim of the project is to honor and provide dignity to residents of the municipality. Visit infomoney.com to learn more.
Investment In Sao Paulo PPP Project
The estimated project’s total investment amount is about R $7 billion. The funds include finance from private initiatives. Felipe, who is a specialist in infrastructure projects, added that about 20 percent of the investments will be utilized in the construction of the housing units and other related public amenities. Additionally, the development of units also includes development of school structures and spaces as well as commercial buildings and healthcare centers. Cohab-SP will be responsible for designing a criterion for qualification and choosing of residents of the Sao Paulo’s PPP housing. Felipe also outline that the Sao Paulo city will have exclusive rights in the registration of chose families.
The project will follow two phases. The first will involve public consultation, which will provide a platform for improvement of the proposal of the housing project. Review and evaluation will be the next phase after consultation.
Rio de Janeiro Project
Felipe Montoro Jens also leads another project under PPP in Rio de Janeiro municipality. The project aims to construct 40,000 new pre-schools as well as 20,000 day care centers in the municipality by the year 2020. The World Bank, through the International Finance Corporation will provide consultation services for the project.
About Felipe Montoro Jens
Felipe is the managing director of Odebrecht International and he specializes in infrastructure and PPP. He is a graduate of the Thunderbird School of Global Management. Read: https://exame.abril.com.br/negocios/dino/china-disponibiliza-aos-empreendimentos-brasileiros-fundo-de-us-3-bilhoes-reporta-felipe-montoro-jens/