Developing new opportunities in the southern Mediterranean
All our work to support the economic and social development of the Mediterranean partner countries  is brought together under FEMIP, which supports growth and job creation in two priority areas:
- Private sector support:
- Micro, small and medium-sized enterprises (MSMEs)
- Industrial sector: e.g. cement and steel works, chemical and metallurgical plants, high-tech industries, the automotive sector and agro-industry
- Creating an investment-friendly environment enabling the private sector to flourish by improving infrastructure in the following sectors:
- Energy: power generation, transmission and distribution, renewable energies
- Transport and telecoms: airports, air transport, roads and motorways, bridges, railways, telecoms
- Environment: water and sanitation, solid waste disposal and treatment, pollution abatement, irrigation
- Human and social capital: construction and refurbishment of hospitals and healthcare centres, education and research facilities, social housing
Mediterranean in 2016 – an overview
- A total of EUR 1.585 billion in loans signed for 16 operations, and over EUR 1.589 billion disbursed during the year.
- 12 of the signed loans were dedicated to the private sector, accounting for two-thirds of the volume
- SMEs in Egypt, Tunisia and Morocco will be benefit from 50% of the financial volume
- Egypt accounted for EUR 890m of the total, with Tunisia taking a further EUR 408m.
We have a range of financing options (including loans, private equity and guarantees) and advisory services. Find out more and how to apply.
A major player
FEMIP began in 2002, an important intensification of a more than 30-year financial partnership between the region and the EIB. Since 2002, over EUR 19 bn has been invested through FEMIP.
A partnership role
FEMIP has become a key player in the partnership between the EU and the Mediterranean partner countries, part of a process encouraging economic renewal and openness. We cooperate with several national and multilateral actors and we actively support the goals of the Union for the Mediterranean.
 Algeria, Egypt, Israel, Jordan, Lebanon, Libya*, Morocco, Palestine**, Syria* and Tunisia.
* The EIB will start operating in Libya after it signs a Framework Agreement with the country – currently under preparation. Following EU sanctions in November 2011, the EIB has suspended all loan disbursements and technical advisory contracts for projects in Syria.
** This designation shall not be construed as recognition of a State of Palestine and is without prejudice to the individual positions of the Member States on this issue.
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