Director General – European Policy
Federal Ministry of Finance, Germany
“The FEMIP Trust Fund has seen another successful year supporting the preparation and implementation of projects and hence unlocking important catalytic investment for sustainable economic growth in the Southern Neighbourhood. For many years now, it has played a crucial role in achieving a strong development impact to ultimately improve the lives of local populations in the region. In contributing to the stability of the region, the Trust Fund has been an early mover on what has recently become a priority policy objective.
Germany, as one of its long-standing supporters, is proud to be associated with this success story adding real value to development projects and is looking forward to seeing more good results in the years to come, given the existing strong and interesting pipeline. The work of the FEMIP Trust Fund is in line with Germany‘s development objectives for the Southern Neighbourhood, which is facing a number of challenges such as migration and climate change.”
International Financial Relations
Ministry of Economy and Finance, Italy
“The FEMIP Trust Fund mirrors the EIB and European Union’s commitment to address the needs of the Mediterranean partner countries and foster development for the benefit of all.
The Trust Fund’s multi-sector vocation and versatile approach has brought about tangible results that can also be capitalised on a larger scale, while pursuing EU policy objectives in the Southern Neighbourhood region.
As a FEMIP Trust Fund donor, Italy has provided financial support and participates in the Assembly of Donors to help address the socio-economic development of the Mediterranean partner countries, which requires investments in youth employment, skills development, infrastructure, the environment, and entrepreneurial expansion and growth, all domains where the FEMIP Trust Fund has a direct impact.”
Head of the Directorate of Administration
Ministry of Finance, Cyprus