The Brazilian government recently announced plans to put in place concessions to improve water and sanitation services in the country. Most of the water services are provided by state-run organizations with a handful of private sector players. The initiative is aimed at strengthening the private-public partnership in the provision of water services. Private companies can take advantage of the extensive operational experience that state bodies have to offer.
According to finance and management expert Felipe Montoro Jens, the biggest threat to revenue for public water services is water waste. He noted that private companies have the capacity and technology to enable public water services to protect their infrastructure. Besides, water management processes can also be improved. This will minimize water wastage, strengthening their bottom line. The concession is also expected to attract more investors in the sewage segment.
Felipe Montoro Jens was being interviewed by Edison Carlos of Trata Brazil, a water and sanitation services civil society group, as part of the ongoing discussions regarding the proposed concessions. Felipe Montoro Jens believes public utilities need to align their goals in line with the requirements of the populations they serve. Clear engagement frameworks and monitoring processes were also identified as essential ingredients to a successful partnership with the private sector.
Felipe has held various finance and executive management positions. He has previously worked for Enel Group, an Italian electricity and gas conglomerate. He has also worked for multinationals like Enron, the American energy corporation and PricewaterhouseCoopers, a professional service consulting network. Additionally, Felipe Montoro Jens is also a director of Tenenge UK Holdings, a civil engineering company.
Felipe Montoro Jens is a finance graduate of the Getúlio Vargas Foundation and has a Business Administration master’s degree from Thunderbird School of Global Management. In 2011, he was a guest speaker at the World Economic Forum in Rio, Brazil.