The private parties involved in a new project, and the expansion of the Rio de Janeiro child education network is taking place set to be completed in the year 2020. Referred to as a model similiar to one of the first Public-Private Partnerships of schools in Brazil.
In Belo Horizonte, capital of Minas Gerais, a project to upgrade the outdated infrastructure was finished in July 2012.Many things are needed in the Child Care Sector which is why a plan was developed for Rio de Janeiro to construct, maintain, and provide services to increase each particular development.
The International Finance Corporation is responsible for the services through a Public-Private Partnership. The IFC is the largest private sector developer in developing nations. According to Felipe Montoro Jens, the IFC was hired for R $2.3 million and is working closely to ensure every level of construction is done in accordance to the year 2020 deadline.Expertise, innovative ideas and experience globally are some of the reasons you can trust what they will bring to the table.
All in all, this project that is underway for Rio’s Child Education Network is serious in a aspects of design. It takes groups people to make sure the process is completed in a timely, safe, fashion.
The Public-Private Partnerships were created by Law No. 11,079 in the year 2004 and after that date in December, it established many guidelines for the bidding and contracting of the Public Private Partnership within this public administration. Felipe Monotoro Jens explains this and more with regard to the entities of the public administration as well as the private partners.