2nd meeting of 2IM, Rabat, February 25th, 2010

The Caisse de Dépôt et de Gestion Morocco (CDG), The Caisse des Dépôts France (CDC) and the Institut de Prospective Economique du Monde Méditerranéen (IPEMED) launched March 13, 2009 in Paris, the Mediterranean Investment Initiative.

This initiative aims to establish a shared diagnosis on both opportunities and obstacles to investment in the Mediterranean and to organize on a regular basis meetings of about thirty long-term investors, public, private and development institutions from European countries, South and East Mediterranean countries and the Gulf countries.

After the first meeting, it was agreed to establish three working groups to address financial, legal and human capital development issues linked to investment and to launch at first the work of the financial group. Two consultants have realized the diagnosis since then.

According to the Initiative’s agenda, the Caisse de Dépôt et de Gestion Morocco (CDG), Caisse des Dépôts France (CDC) and the Institut de Prospective Economique du Monde Méditerranéen (IPEMED) organized the Second Mediterranean Investment Initiative’s meeting in Rabat, Morocco on February 25th 2010.

During this second meeting, the work of the financial work group that addressed the development of investment in the Mediterranean was presented. More specifically, an inventory of the major obstacles but also investment opportunities in South and East Mediterranean countries for bilateral and multilateral investors and the Gulf countries were exposed to all participants. The diagnosis made, has identified areas of work that could lead to as many Euro-Mediterranean projects.