A few months ago the leadership of the Brazilian city Rio de Janeiro announced that it would embark on a long project to expand the child education network within the city. The project is scheduled for completion in 2020, and by that time, the municipality and The International Finance Corporation will have created 20 000 new places in daycare as was 40 000 more n pre-school.
One of the people following the projects is the Brazilian entrepreneur and infrastructure expert Felipe Montoro Jens. He has been following every project within the country of Brazil up close and has been providing insight and updates on the progress on his website. As an infrastructure expert, Felipe Montoro Jens has participated in many of the projects so far and is likely that he will be working on this one in the future.
The project will be completed as a PPP which stands for Public-Private Partnership. The leadership of Rio de Janeiro has stepped into a PPP with The International Finance Corporation. The IFC will be providing counseling services as well as funding for the laborious project. The institution was hired for R $ 2.3 million. The International Finance Corporation is premier in the development sector. The IFC has said that it will provide its top services to Rio de Janeiro to aid the child education projects and implement its global experience to help the city overcome any political, financial, and operation challenges along the way.
The IFC will also provide its service in the maintenance of existing daycare and preschooling centers around the city. The leadership of Rio de Janeiro, in turn, will lead the establishment of the 60 000 new paces in the two stages of child education with the goal of completing everything by the end of 2020.