Tis series provides an overview of successful public-private partnerships in various infrastructure sectors,where IFC was the lead advisor.
IFC Advisory Services inPublic-Private Partnerships2121 Pennsylvania Ave. NWWashington D.C. 20433ifc.org/ppp
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Belo Horizonte, the third largest city in Brazil, has made early ed-ucation a priority in an eort to improve the competitiveness oits workorce in the long term and support the national govern-ment’s policy goals. With support rom IFC, it turned to privatesector unding and expertise to expand and strengthen its pre-school and primary school system. The concession—Brazil’s frstpublic-private partnership in the education sector—was awardedin July 2012.
Brazil: Belo Horizonte Schools
The Educar Consortium, led by Odebrecht, a leading Brazilian construction company,won the 20-year concession to construct primary schools and preschool acilities. Itwill also operate non-pedagogical services, such as maintenance and security. Thepartnership will expand access to early education in Belo Horizonte, reaching 18,000additional children and creating new jobs in the education sector. IFC’s advisory services or this project were supported by the Brazil Private SectorPartnership, a joint partnership o IFC with the Brazilian National DevelopmentBank (BNDES) and the Inter-American Development Bank (IDB).