
Since October 2002, the European Investment Bank's operations in the Mediterranean partner countries have been brought together under the Facility for Euro-Mediterranean Investment and Partnership (FEMIP).
FEMIP is committed to helping the Mediterranean partner countries increase their economic growth and social development.
FEMIP represents an important stage in a financial partnership between the EU and the neighbouring Mediterranean countries that goes back more than 30 years and was intensified in the 1990s to underpin the Barcelona Process.
In line with the European Neighbourhood policy and the Union for the Mediterranean, FEMIP aims to help the Mediterranean partner countries meet the challenges of economic and social modernisation and regional integration.
FEMIP has two investment priorities in the region:
To meet future challenges in the region, FEMIP undertakes field studies and offers three major types of financial products tailored to the investment environment in the Mediterranean including loans, private equity and technical assistance.
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