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FAQ - FEMIP

The Bank receives many requests for information and certain questions recur regularly.  Please check if your query can be answered by one of the links below.

For further information, please send a message to the Infodesk.


In which countries does FEMIP operate?

FEMIP operates in the nine Mediterranean partner countries that are also members of the Union for the Mediterranean: Algeria, Egypt, Gaza/West Bank, Israel, Jordan, Lebanon, Morocco, Syria and Tunisia. Following Turkey's elevation to the status of candidate for EU membership, the EIB's operations in this country were assigned to the South-East Europe Department, but Turkey continues to participate in the Euro-Mediterranean dialogue.
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How is the FEMIP Ministerial Meeting organised?

The Ministerial Meeting takes place once a year in an EU country or a Mediterranean partner country. It brings together the Euro-Mediterranean Finance Ministers and may be held in conjunction with an ECOFIN Ministerial Meeting of the Union for the Mediterranean. The purpose of the FEMIP Ministerial Meeting is to approve FEMIP's annual report, discuss and review its investment strategies and operational programme, and endorse the FEMIP Committee's recommendations for the broad lines of FEMIP's future activity.

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What does the FEMIP Committee do?

The FEMIP Committee was set up in 2007 to replace the FEMIP Committee of Experts. It meets two or three times a year and is composed of representatives of the EU Member States, the Mediterranean partner countries and the European Commission. The FEMIP Committee has the remit of discussing FEMIP's guidelines and giving opinions on sectoral strategies and the introduction of new financial products. The Committee also prepares the work of the FEMIP Ministerial Meeting.

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What do FEMIP conferences consist of?

Every year, FEMIP organises between two and three major conferences in cooperation with an EU Member State or a Mediterranean partner country. These bring together representatives of the private and public sectors and civil society, academics and experts to discuss topics relating to the Euro-Mediterranean and global economic integration of the Mediterranean partner countries. The programmes and proceedings of FEMIP conferences are published on the EIB's website.

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What is the objective of the FEMIP Trust Fund (FTF)?

The objective of the FEMIP Trust Fund (FTF) is to foster the development of the private sector in the Mediterranean region. The Trust Fund finances sectoral studies upstream of the project cycle and provides support for institutional reforms aimed at improving the economic environment in the Mediterranean partner countries. It also helps to strengthen the private sector by financing private equity operations. 

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What is the role of the Assembly of Donors of the FEMIP Trust Fund?

The Assembly represents all the Trust Fund donors and meets several times a year to discuss, analyse and approve different operations. Sectoral studies and technical assistance and private equity operations may be proposed by the Mediterranean partner countries, donors and promoters.

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What is the Special FEMIP Envelope (SFE)?

The SFE allows the EIB to provide loans for projects with a higher risk profile than that usually accepted by the Bank. It enables the development of projects in the Mediterranean partner countries by eliminating or limiting the additional risk-related costs that are usually borne by private operators.

The Special FEMIP Envelope focuses on the local financial sector, transport, large-scale industrial and infrastructure projects and the tourism sector.
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Does FEMIP provide technical assistance?

Yes. FEMIP can provide technical assistance, not only upstream of project definition but also for the implementation of the projects which it finances, at any stage in the project cycle. 

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