Government projects are slated to be passed in 2018 under the guidance of Felipe Montero Jens. The private sector will greatly benefit from these new measures being passed. The auction schedule has been announced by the federal government and will be implemented in the second half of 2018. In total, Felipe Montoro Jens has scheduled 57 projects and invested $44 billion to the Program of Partnerships and Investments. The majority of measures being passed are set to benefit the infrastructure industry by creating projects for specialists to construct new buildings in Brazil.
A great example of the wonderful projects to come is the Congonhas airport in Sao Paulo. One of the majority stakeholders in the airports of Brasilia has sold their shares to benefit the country. The infrastructure project specialist is highly appreciative of the improvement plans for the miles wide stretch of land between Anapolis and Alianca. The federal government will implement item number BR-153 to improve the conditions on this land. The highways will receive extra attention. Under a private initiative, companies will auction for the project and improve the roads by the end of 2018.
In a massive overhaul, the government will sell companies like Mint, Ceasaminas, Casemg, and Docks. The privatization of the corporations will benefit the public sector by improving the prospects for infrastructure repair. The land will be made new again. For instance, Mint – passport production company – will now have the freedom to operate without government interference. The advance of technology has created a great opportunity to improve the style of life in Brazil.
Felipe Montoro Jens, with the Investment Partnership Program, plans to expand interest in the improvement of infrastructure. They will increase the flow of money into the private sector with high quality tariffs and auctions. With these advances, Brazil will see a new day of stability and security.
If you’re a young student, entrepreneur or newcomer to Atlantic City, NJ, you might love staying at one of their new housing projects that Boraie Development is overseeing. This is a 250-apartment complex that’s currently being constructed around the oceanfront area and is known as the “Beach at South Inlet.” Boraie Development Vice President Wasseem Boraie says the housing demand of millennial consumers in the Atlantic City and Newark areas is one that much of New Jersey’s housing stock hasn’t been prepared to meet. He believes this new development which will have luxurious amenities including on-site gyms, pools and well-designed apartment interiors will be a step towards addressing this demand.
What Boraie Development is doing right now in Atlantic City is just one of the steps it has in its mission to transform New Jersey’s urban scene. It was Wasseem’s father Sam Boraie who began this company dream back when he came to the US from Egypt over 40 years ago. Going from a career in chemistry to a career in real estate happened when Omar Boraie saw the city of New Brunswick in desperate need of new life and a new direction. Although it was his plan to start reconstructing and bringing tenants back to the city’s abandoned buildings, he did so he says because Dick Sellars, the CEO of Johnson & Johnson decided to keep his company in New Brunswick. And so it was that Omar Boraie started buying up these lots on Albany Street, not too far from where Johnson & Johnson was located. For more details visit Crunchbase.
According to Patch, his first completed construction project was Albany Street tower one where Boraie Development currently has their corporate headquarters. 15 years later, Albany Street tower two came up and thanks to the Boraies ignoring previous criticisms from many other urban planners, New Brunswick started seeing a renaissance in its commercial real estate. The Boraie’s first big housing complex that went up was a high-rise modeled after the New York City styles across the Hudson River, and once again many locals thought trying to attract people to that big of an apartment complex would be too big of a task. But when the Spring Street Condominium went up, it became completely leased out in just 2 months. Boraie Development has undertaken so much to build New Brunswick and its neighboring cities and other buildings in its portfolio include The Aspire, and satellite housing for Rutgers University.