The steps of a child growing in a cities education system can be harder for some more than others. Throughout the world many organizations are coming together to increase the quality of the education for the youth in developing nations. The Public-Private Partnership was designed by Rio de Janeiro in hopes of expanding the city’s child education network. The idea simply states that it is to develop the construction, maintenance, and services of equipment in relationship to this current project. According to Felipe Montoro Jens, 20,000 new places in day-care centers and 40,000 new places in pre-schools will be completed by the end of the year 2020.
Financing was a major obstacle that needed to be discussed, so when the International Finance Corporation got involved and worked alongside the Public-Private Partnership, things just worked out for the good. Not only was the IFC the largest private sector development, it has a major investment in developing countries. Many are vocal about the fact that the innovative thinking, expertise, and resources the IFC has to offer. After a similar project was completed in Belo Horizonte in 2012, everyone had their eyes on Rio.
Currently Mayor Marcelo Crivella, emplores investors to stay the course, as he lauds the accomplishments of the program that was implemented in the capital of Minas Gerais in July 2012. Celebrated was the fact that the Public and Private sector could come together for a common goal and complete it at the highest level of quality overall. Included was a partnership established in December 30, 2004. That partnership just happens to be when the Public-Private Partnerships were created by Law No. 11,079. After all is said and done, private partners receive the concession of public services preceded by public works, according to Felipe Montoro Jens.
Find out more about Felipe Montoro Jens: https://www.baptista.com.br/felipe-montoro-jens-reporta-que-brasileiros-estao-entre-os-mais-insatisfeitos-do-mundo-com-a-infraestrutura-de-seu-pais/