Algeria
Egypt
Israel
Jordan
Lebanon
Libya
Morocco
Palestine *
Syria *
TunisiaSouthern & Eastern Mediterranean Project Preparation framework to fast-start EBRD support to the region
Project Duration
2011 - 2018
Budget
€ 15 million
Status
Ongoing
Countries covered:
-
Egypt
-
Morocco
-
Tunisia
Brief Description
Covered countries: Egypt, Morocco, Tunisia
Objectives
The NIF contribution allows the EBRD to prepare investment operations in countries of the Southern and Eastern Mediterranean. This demonstrates the strong support that the EU has brought to the extension of the EBRD’s mandate to the Middle East and North Africa.
The NIF finances technical assistance for the preparation of investment projects in the following priority sectors:
- modernisation of the agribusiness value chain to improve food security, enhancing the efficiency of farming techniques including water usage, strengthening the distribution chain, and developing this sector that accounts for a high share of the country’s employment;
- modernisation of the financial sector so as it can contribute to support economic growth;
- increase of the role of clean sources of energy and improvement of energy efficiency so as to improve energy security and enhance economic competitiveness with a cleaner environment;
- mobilisation of private sector power, energy and transport infrastructure investment that will accelerate economic development;
- decentralisation of municipal infrastructure development in order to improve the quality of urban public services.
