SAO PAULO, May 17, 2017 /PRNewswire/ -- "We currently have 5,400 people working on beltway projects. This is why I say that investing in infrastructure is a guarantee of job creation," said the governor of the state of São Paulo, Geraldo Alckmin, during the LIDE Brazilian Investment Forum. Organized by LIDE – Group of Corporate Leaders, in partnership with the Brazilian-American Chamber of Commerce, the event gathered together 203 investors, bankers, ratings analysts and businesspeople at the Harvard Club this Wednesday, April 17, in New York.
The new concession model for beltways in São Paulo was a highlight during the governor's speech. "This year we had three very successful concessions at BM&FBOVESPA, which recently became the fifth-largest stock exchange in the world. We have two more concessions in June and a group of bid tenders to be released, which include urban mobility, infrastructure, sewerage and residential energy," Alckmin said.
During the event, the speaker showed that the state can attract private investments without official financing, including Public-Private Partnerships (PPPs) for the construction, expansion and operation of four urban railways in the capital city of Sao Paulo, and for the VLT for Baixada Santista, in the concession of five airports in the interior of the state, in projects in the area of basic sewerage and increasing water capacity in Sao Paulo.
In the assessment provided by Luiz Fernando Furlan, Chairman of the Board of LIDE, and the former Ministry of Development, Business and Industry, Sao Paulo may be the entryway for various bilateral Brazil-USA partnerships. According to Joao Doria, the mayor of Sao Paulo, who was also at the event in New York, municipal and state administrations are working together on the privatization plan.
The importance of Congress approving the reforms under way was unanimous among those present. "Our model of a labor relationship is behind. It would be good for social security reforms, followed by tax and policy reforms, which are models that are completely worn out," Alckmin said, supported by the investors, bankers, ratings analysts and businesspeople at the event.
In 2017, the initiative had institutional support from the BRAZILIAN AMERICAN CHAMBER OF COMMERCE. Sponsorship was provided by the following companies: APEX, BANCO DO BRASIL, CISA TRADING, COSAN, CUTRALE, CYRELA, EMBRAER, ESTRE AMBIENTAL, FS, GOCIL, GRUPO JEREISSATI, JHSF, STEFANINI, TISHMAN SPEYER, TOUCH ID, UBS and XP INVESTIMENTOS. Providers included CDN COMUNICACAO, F&Q BRASIL, MARINGA TURISMO, RODOBENS COMUNICACAO and TRAVEL ACE. FINANCIAL TIMES, FORBES BRASIL, PR NEWSWIRE, the magazine and TV LIDE were media partners.
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SOURCE LIDE Brazilian Investment Forum