The Rio De Janueiro municipality is using its creation, the PPP to bring a greater education to thousands of children.
The main purpose of the project is to create 20 thousand new locations for day-care centers and 40 thousand new locations for pres-schools, all by the year 2020. At first this may seem like an impossible goal, even though it is certainly noble, it will be a very difficult task to accomplish.
“We apply financial resources, experience innovative thinking and our expertise to help our partners overcome financial, operational and political tasks,” said a spokesperson for the International Finance Corporation.
IFC was hired to assist the PPPs with accomplishing these goals. Felipe Montoro Jens claims that the institution(IFC) is the largest private sector developmentally focused institute in the entire private sector, providing hope to citizens all over that the goal is not one that is unobtainable. With the help of anyone who is willing to participate, these schools and day-care centers will be built.
The ideas and business models that were used to construct the PPPs are very similar to a model already put into effect in Brazil. The model has been very successful in other cities already, and in July of 2012 the model was “celebrated by citizens in Belo Horizonte, Minas Gerais,” Felipe Montoro Jens recalls.
Felipe Montoro Jens explained that the PPPs were created in late 2004. The purpose was to establish rules for the bidding and contracting of PPPs within the public secret, and to establish alternative means to deal with the scarcity of resources in the community.