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
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. For more details of our total, regional and sectoral activities see here.
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, Gaza/West Bank, Israel, Jordan, Lebanon, Libya*, Morocco, 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.
The European Investment Bank (EIB ) is helping to create opportunities in countries in North Africa and the Middle East by backing entrepreneurship and microenterprises – particularly among women, and young people. This, and investment in key infrastructure is helping to support “economic resilience” in countries hosting numbers of refugees. By supporting the Microfund for Women (MFW), the EIB is throwing its weight behind a highly successful initiative for low income women in Jordan helping to build a sustainable future in the region.
When you think of the EIB’s work in the Mediterranean region, innovation might not be the first word that springs to mind. But what is innovation?