In Brazil, there are 2,796 paralyzed projects according to a study carried out by “Great works stopped” with data provided by the ministry of Planning at the end of 2017. Among the stalled projects, 517 are related to construction which is in the sector of infrastructure. This corresponds to 18.5 percent of the country’s G.D.P which is an equivalent of R10.7 billion of taxpayers money as reported by Felipe Montoro Jens, an infrastructure expert. Among the paralyzed projects are 16 airports, 30 highways, six ports, five waterways, and eight urban mobility projects. Visit on his twitter account for latest updates.
Simple and less complex projects such as preschools, daycare centers, and sporting centers in the education sector construction were also interrupted as pointed out by Felipe Jens. The study highlighted that company’s abandonment of projects, technical problems, problems in land exploration and ownership, and financial difficulties are among the reasons that led to the interruption of these projects.
Felipe also noted that poor quality projects are as a result of poor planning, which is mainly caused by small companies taking over projects like nurseries schools that they cannot carry on due to the financial crisis. “The problem here is technical,” according to Illana Ferreira, an infrastructure specialist at NCI. According to specialist Felipe Montoro Jens, the government also interups various projects where it runs low in budget. The stalled projects do not contribute anything to the country, which in a way leads to wastage of public resources.
Felipe Montoro Jens says that the National Confederation study of the industry is amongst a series of 43 documents on strategic matters that it handed to the presidential candidates in the upcoming elections scheduled for October this year. The CNI was founded in 1938 with its headquarters in Sao Paulo, Brazil. It represents the topmost organization of the industry’s trade Union.