Date of effectiveness: 2013
PDMF is a revolving fund with a total investment of US $84 millions from the Philippines Government and US $18 million from the Australian Government through the ADB. The Japan International Cooperating Agency (JICA) has also provided assistance via studies and training courses. PDMF is under the administration and management of the Philippines PPP Center and its funding is an integral part to the PPP Center’s operations and at the core of the PPP Center’s ability to deliver on its mandate.
The aim of setting up the PDMF is to provide funding and facilitate preparation and monitoring of PPP projects. It provides financing to engage external consultants and transaction advisors to assist implementing agencies in their pre-investment activities for potential PPP projects and develop a pipeline of viable, bankable projects. PDMF can also be tapped by implementing agencies for probity advisory during the bid process, and engagement of independent consultants to monitor the implementation of PPP projects.