Felipe Montoro is a public figure in Brazil, and he specializes in infrastructure. Felipe Montoro has shown current anxiety about the Brazil’s high waste level. He has been worried about the Brazil’s grave loss of economic wealth; a major concern that needs immediate address. This article reviews Felipe Montoro’s thoughts on Rio’s new plans to increase job opportunities.
Within the next three years, Rio de Janeiro city, under the current management of Mayor Marcelo Crivella, looks to create thousands of job opportunities in daycare centers. Regarding this project, the city aims to establish Public-Private Partnership (PPPs) with the objective of constructing and maintaining related educational equipment. The model is similar to Brazil’s 2012 first PPP schools implemented in the mineral-rich zone of Belo Horizonte. During his campaign, Crivella had made known his intentions to foster the education sector in Brazil.
The city management aims to establish numerous job opportunities in pre-schools and kindergartens. The primary responsibility of stakeholders will be to construct and administer new Infant Education Units. On the other hand, Rio de Janeiro City Hall will be responsible for the daily management and funds transfer from the national government. The International Finance Corporation (IFC) is affiliated with the World Bank Group and will be responsible for supplying consultation services to model the project.
According to Felipe Montoro Jens, the project is aimed to succeed since IFC is the most significant private sector development institution in the emerging world. Montoro also insists that IFC is reputable for providing innovative thinking, global experience, expertise and financial resources that have helped solve political, operational and economic challenges in many parts of the globe. This project was initiated one decade ago, and the possibility of the private sector partnership presents a better option as compared to the scarce governmental public services.