Federal government prepares for merger of Valec and EPL

On Monday, October 19, the Ministry of Infrastructure (MINFRA) announced that it is preparing a process for the institutional restructuring and reorganization of Valec and Empresa de Plenejamento de Logística (EPL), which will become a single company that will be called Infra SA. It is expected that the restructuring plan will be presented in 90 days and the entire consolidation process will be completed in 270 days. After implementation, quarterly follow-up evaluations of the new company will be carried out.

According to the government, one of the main objectives of the merger is to optimize spending through a leaner, more efficient, and more sustainable company. As of the merger, Infra S.A. will structure projects for the concession of assets to the private sector in the long term. “What I’d like to see from all managers and employees at Valec and EPL is full engagement in this process so that we can design a new company that is born without the ailments of the past, with governance and instruments that help us to think about infrastructure in Brazil,” declared Minister Tarcísio Gomes de Freitas.

The entire transition process will be supported by the Falconi consulting firm, specialized in the segment. A new business model will be created by the consulting firm to consider the following perspectives: organization, operations, management, and implementation. In 90 days, the consultants will present the results of the model, with standards for project governance and strategic alignment with the main executives of the companies.

Sharing is caring!