EIB-Femip annual report_2012

EIB-FEMIP will focus on four principal objectives in the Mediterranean partner countries: sustainable local private sector development, social and economic infrastructure, climate change mitigation and regional integration.

EIB-FEMIP promotes cooperation and dialogue between the EU and the Mediterranean partner countries through high-level  meetings and debates as well as more thematic workshops.

EIB-FEMIP’s impact on social and economic development.it gives priority to operations with high value added. This requires balancing a project’s financial and economic aspects with its expected social and development impact.

FEMIP has been contributing to the economic and social development of the Mediterranean partner countries. The projects they finance help create or safeguard jobs, facilitate trade, enable a business-friendly environment, accelerate regional development and clean up the environment.

The European Investment Bank (EIB) is the long-term financing institution of the European Union (EU). Its shareholders are the 27 Member States of the EU. Outside the EU, the Bank supports projects that contribute to economic development in countries that have signed association or cooperation agreements with the EU.