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The FEMIP Support Fund

The FEMIP Support Fund utilises European Commission grant aid made available to support EIB investment activities in the southern Mediterranean countries, assisting promoters during different stages of the project cycle.

Objectives

  • To help the FEMIP partner countries and private promoters to better prepare, manage and supervise investment projects;
  • To improve the quality and development impact of investment;
  • To strengthen the management capacities of local partners in the medium and long term.

Forms of technical assistance

  • Feasibility or pre-feasibility studies for investment projects relating to the private sector, water and wastewater, the environment, transport and telecoms, education and health;
  • Project Management Units (PMUs) to assist implementation;
  • Site visits to assess the projects being financed.

Operations

Between 2004 and 2009, 96 technical assistance operations with a total value of EUR 88.6 million were mounted. Some 80% of these funds was allocated to the infrastructure, the environment, water and wastewater sectors, and the human capital reflecting to a large extent the Bank’s traditional areas of activity in the region. Private sector support absorbed 20% of the available resources.

Tendering

For further information on tendering for services under the FEMIP Support Fund, please see the document FEMIP Technical Assistance Operations.


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