A Public-Private Partnership (PPP) created in 2004 is now aiming for expanding the Child Education Network wherein the International Finance Cooperation (IFC) was hired for $2.3 million in order to direct their skills towards the expansion of the current Network for children’s education. The for more info. Learn more on consorciocorretora.com
The current mayor of Rio in his campaign has already expressed his goal for expanding education and the current model PPP is similar to the one in 2012 which was celebrated. The goal of the program is to increase the capability of all current aspects of education so that there are 20,000 new spots in day cares and 40,000 new spots in pre-schools by the end of 2020. The PPP which includes the IFC, hired to consult on the modeling of the project to implement the expansion program of the city nursery and pre-schools network. This is one of the largest private sector developments focused on the private sector in order to develop countries.
With the help of the World Bank Group (IFC) the city of Rio de Janeiro hopes to add thousands of openings to its network of child education centers. In the deal the private partner, the IFC, is to construct the new centers and maintain them while the city deals with the pedagogical part. These Infant Education Units (EDIs) will offer more spaces to the youth of Rio in order to get an early start on education for the betterment of themselves and future generations yet to be born. PPPs continue to allow the public and private sector to work hand in hand when developing the country.