FEMIP brings together the whole range of services provided by the EIB to assist the economic development and the integration of the Mediterranean partner countries[1].
The Facility for Euro-Mediterranean Investment and Partnership (FEMIP) has been contributing to the economic and social development of the Mediterranean since 2002. In ten years, EUR 13 billion of financing went to 168 projects in the 9 Mediterranean partner countries, mobilising close to 35 billion of additional capital.
As part of the European Neighbourhood Policy and of the Union for the Mediterranean, FEMIP encourages the modernisation and opening-up of the economies of the Mediterranean partner countries.
Activities are focused on two priority areas: support for the private sector and creating an investment-friendly environment.
[1] Algeria, Egypt, Gaza/West Bank, Israel, Jordan, Lebanon, Morocco, Syria and Tunisia.
The FEMIP (Facility for Euro-Mediterranean Investment and Partnership) has been the key player of the economic and financial partnership between Europe and the Mediterranean for the last ten years. This film illustrates, through concrete examples and beneficiaries' testimonials, its role in fostering growth and employment.
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