FEMIP Financing operations in Egypt
- Release date: 02 May 2012
FEMIP, the European Investment Bank’s Facility for Euro-Mediterranean Investment and Partnership, is the key player in the financial partnership between Europe and the Mediterranean, and provided EUR 13 billion of finance between its inception in October 2002 and December 2011.
Since the launch of lending in Egypt in 1979, the EIB has signed almost 70 loans and 50 risk capital operations, in both the public and private sectors, for a total amount of approximately EUR 5.1 billion, leveraging total investments in the order of EUR 20 billion.
