A experiência do BNDES na estruturação de parcerias público-privadas (PPP) de educação infantil

Abstract

Offer of early childhood education in Brazil remains insufficient and unequal, and the country’s municipalities have not been able to meet the National Education Plan’s goals. Public-private partnerships (PPPs) can help reverse this situation, but structuring early childhood education PPPs presents significant challenges, such as (i) prospection of suitable construction sites; (ii) constitution of guarantees to make investors feel confident about receiving financial returns throughout the concession period (at least 15 years); (iii) high transaction costs; (iv) the continuous and intense engagement of all departments involved in the project, among others. This article presents some of the main lessons learned by the BNDES in structuring early childhood education PPPs aiming to assist in publicizing this instrument.