Under the Presidency of Benigno Simeon C. Aquino III, public-private partnership was tagged as a powerful machinery to help push forward the country’s development. Under his administration, private sector participation in the country’s economic agenda is clearly defined in his “social contract” with the Filipino people. The Public-Private Partnership Center of the Philippines is the sole body tasked to facilitate and coordinate the country’s PPP program. Part of its task is to manage a revolving fund called the Project Development and Monitoring Facility. At the same time, the PPP Center provides Implementing Agencies (IAs) technical advisory support in project development and management and monitors the implementation of PPP priority projects. Also part of its task is to formulate policy guidelines for PPP transactions, and develop and manage a central database of all PPP programs and projects.