Support to FEMIP

Project Duration
2007 - 2013
Budget
€32 million per year
Status
Completed

Countries covered:

  • Algeria
  • Egypt
  • Israel
  • Jordan
  • Lebanon
  • Libya
  • Morocco
  • Palestine *
  • Syria *
  • Tunisia

Brief Description

Supports FEMIP’s efforts to promote sustainable economic growth in the Mediterranean Partner Countries through investments in infrastructure and especially in private sector development
Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Occupied Palestinian Territory, Syria and Tunisia

Actions in brief

 

  • Allocated €105 million for technical assistance between 2003-2006.
  • Gave €212 million to risk capital between 2000-2006.
  • Targets the private sector to achieve growth and support employment, as well as public projects helping the private sector      flourish.
  • Makes available €32 million each year to finance technical assistance and risk capital.

 

Thematics
Sustainable Development