Financial Solutions Provided by Felipe Montoro Jens

Rio de Janeiro city is looking forward to creating 20,000 new places in day care centers and 40,000 new places in pre-schools by 2020 under the leadership of the incumbent mayor Marcello Crivella. All these steps are done to help expand child education network. To make it work the idea of Public Private Partnership (PPP) has to be employed which will aim to construct maintenance of educational institutions. Felipe Montoro Jens, a specialist in infrastructure projects, stated that PPP is currently in the feasibility studies phase.

This partnership model is similar to the first PPP of schools in Brazil which were celebrated in July 2012. Felipe added that in Belo Horizonte mining capital, the idea of PPP is not new because most of them accompanied Mayor Marcelo’s programs whose primary commitment during his campaigns was improving the education sector.

Marcello Crivella stated that the new places being created through PPP works in a way where the private partner is responsible for the administrative maintenance and construction of the new Infant Education Units. The City Hall is responsible for the school lunch and by the pedagogical part. The International Finance Corporation (IFC), which is a member of the World Bank Group, is the institution that provides consulting services for the project modeling. Montoro stated that IFC is the most significant private sector development entity in the developing global.

IFC stated that it is passionate about helping its partners overcome financial and political challenges. Felipe highlighted that IFC would be on a contract of R $ 2.1 million with the institution. Public institutions partnering with private sectors through PPP is an excellent choice to curb the scarcity of resources.

Felipe Montoro Jens explained that this model is based on public administration institutions signing contracts with private companies responsible for constriction, development, and operation of public services and goods. Felipe Montoro serves as the Chief Executive Officer of Energipar Captacao S.A. and is an expert in financial strategy.

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