The PPP, The IFC, and Felipe Montoro Jens

The child network is currently undergoing a major transformation in Rio de Janeiro. In developing nations, issues not faced by more prosperous countries tend to take a toll on infrastructure. The city of Rio de Janeiro as a date of year end 2020 for the completion of the project which will include 20,000 new day care places as well as 40,000 new places in pre-schools. Utilizing the financial wealth and knowledge, the Public-Private Partnership found help for one of the most known sources for development of networks in developing countries, The International Finance Corporation.

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Not only were they invovled in that manner, they applied every aspect of their abilities to ensure that this would be a job well done. Their expertise is one thing, but what about support? The International Finance Corporation, or IFC, is strictly an advisor or overseer of the web of connections in regard to this network in a city the size and scope of Rio. The mayor of Rio de Janeiro Marcelo Crivella championed this push by comparing what is happening in Rio de Janeiro to that of Belo Horizonte, capital of Minas Gerais. “The goal of creating 20,000 new places in creches and 40,000 new places in pre-schools by 2020 through a PPP”, according to Marcelo Crivella.

The plan is one that many find to be an answer to what is needed to update and upgrade the current child education system in Rio de Janiero. The development of these Public-Private Parnterships through sessions over time, was set into law in December of 2004. This law was No. 11,079 and it established and explained a set of rules in which the PPP was set to behave. Not only was it a game changer, it is still in effect today. The partnership between the IFC and The PPP will be one watched by Felipe Montoro Jens, a specialist in projects such as this.