Consensual revitalization of distressed infrastructure assets in Brazil
Venue:
13th May
14:00 - 17:00 | EDT (GMT-4)
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EVENT MANAGER

Moisés Cona
Moisés Cona
Managing Director - Infrastructure, Energy & Agribusiness
GRI Institute
+55 (11) 96695-6107
Overview
The Ministry of Transportation is gearing up for a substantial overhaul of the highway sector with plans to conduct 12 highway concession auctions by 2024, marking a significant stride towards injecting R$122 billion in investments over the coming years, provided the contracts prove successful. These auctions, an integral part of the Brazilian governor's agenda, aim to offer a total of 35 concessions throughout his third mandate.
Among these endeavors, the government faces a pressing challenge with 14 contentious contracts awaiting resolution, notably including Concer's highway concession. These contracts, marked by financial and economic imbalances, have led to a substantial backlog of stalled projects. Recognizing the urgency, the Ministry is determined to unlock an additional R$110 billion in investments by streamlining these contracts and leveraging private resources for swift action.
While the inception of new concessions typically entails a two to three-year timeline to achieve peak investment, the renegotiation process has already commenced, advancing beyond initial preparatory stages. Nevertheless, the road ahead is fraught with challenges, particularly in navigating negotiations with concessionaires and engaging with the Federal Court of Accounts (TCU) to ensure a favorable outcome.
Among these endeavors, the government faces a pressing challenge with 14 contentious contracts awaiting resolution, notably including Concer's highway concession. These contracts, marked by financial and economic imbalances, have led to a substantial backlog of stalled projects. Recognizing the urgency, the Ministry is determined to unlock an additional R$110 billion in investments by streamlining these contracts and leveraging private resources for swift action.
While the inception of new concessions typically entails a two to three-year timeline to achieve peak investment, the renegotiation process has already commenced, advancing beyond initial preparatory stages. Nevertheless, the road ahead is fraught with challenges, particularly in navigating negotiations with concessionaires and engaging with the Federal Court of Accounts (TCU) to ensure a favorable outcome.
Discussions
Discussion I May 13 I 2:00pm - 5:00pm

Steven Sandretto
PartnerBaker McKenzie
USA
Steven Sandretto is a Partner at Baker McKenzie LLP, one of the world's leading international law firms. Based in the United States, he brings extensive legal expertise to the firm's global practice. At Baker McKenzie, Sandretto focuses on complex commercial matters and provides strategic counsel to clients across various industries. His professional experience encompasses sophisticated legal transactions and dispute resolution. As a partner at the firm's global headquarters, he contributes to Baker McKenzie's reputation for delivering innovative legal solutions to multinational corporations and emerging businesses. Sandretto's practice reflects the firm's commitment to excellence in international legal services and client advocacy.

Bruno Dantas
MinistroFederal Court of Accounts - TCU
Brazil
Bruno Dantas serves as President of the Federal Court of Accounts of Brazil (TCU - Tribunal de Contas da União), the country's supreme audit institution. A distinguished legal professional and public administrator, he brings extensive expertise in constitutional law, public finance, and governmental oversight. Dantas has dedicated his career to strengthening Brazil's fiscal accountability framework and promoting transparency in public administration. Under his leadership, TCU has enhanced its role in auditing federal expenditures, evaluating government programs, and ensuring compliance with fiscal responsibility laws. His tenure is marked by modernization initiatives and efforts to improve the court's efficiency in safeguarding public resources and democratic governance in Brazil.

George Santoro
Executive SecretaryMinisterio de Transportes
Brazil
George Santoro serves as Executive Secretary at Brazil's Ministry of Transport (Ministério dos Transportes), where he plays a crucial role in developing and implementing national transportation policies. With extensive experience in public administration and infrastructure development, Santoro oversees strategic initiatives aimed at modernizing Brazil's transportation networks. His leadership encompasses coordination between federal agencies, state governments, and private sector stakeholders to enhance logistics efficiency and connectivity across the country. Santoro's expertise in transportation planning and regulatory frameworks contributes significantly to Brazil's efforts to strengthen its multimodal transport infrastructure, supporting economic growth and regional integration throughout the nation.

Jorge Bastos
PresidentInfra S.A.
Brazil
Jorge Luiz Macedo Bastos serves as President of Infra S.A., Brazil's leading infrastructure development company. With extensive experience in public administration and infrastructure management, he oversees strategic planning and execution of critical transportation and logistics projects across Brazil. Under his leadership, Infra S.A. has strengthened its role in modernizing the country's infrastructure networks, focusing on sustainable development and operational efficiency. His expertise spans project management, regulatory affairs, and public-private partnerships in the infrastructure sector.
Timetable
Monday, May 13th 2024
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02:00pm - 05:00pm
Brazilian Delegation
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