The investment needs of countries in the Mediterranean basin are considerable. The McKinsey consultancy firm evaluates the 5-year cost of current public projects as €200 billion across nine sectors. Added to this is support to create the 50 million jobs needed in SEMCs from now to 2020.
Yet, despite significant funding requirements, the region does not offer a secure legal framework for investors. Moreover, investments are insufficiently oriented towards production sectors, less-developed regions, SMEs and infrastructure projects, and target too few long- term projects, which could be financed by local stock markets provided they have sufficient economic anchorage.

The investment needs of countries in the Mediterranean basin are considerable. The McKinsey consultancy firm evaluates the 5-year cost of current public projects as €200 billion across nine sectors. Added to this is support to create the 50 million jobs needed in SEMCs from now to 2020.
Yet, despite significant funding requirements, the region does not offer a secure legal framework for investors. Moreover, investments are insufficiently oriented towards production sectors, less-developed regions, SMEs and infrastructure projects, and target too few long- term projects, which could be financed by local stock markets provided they have sufficient economic anchorage.

1-    Create a Mediterranean development bank
2-    Draw up a legal framework to secure and guarantee investments
3-    Set up guarantee funds to finance infrastructure and SMEs
4-    Promote the use of public-private partnerships to finance and realize projects

1-    Create a Mediterranean development bank
2-    Draw up a legal framework to secure and guarantee investments
3-    Set up guarantee funds to finance infrastructure and SMEs
4-    Promote the use of public-private partnerships to finance and realize projects

Project methodology, workgroup presentation, project timetable:

1-    Assemble work groups to give substance to proposals on the basis of a joint evaluation
2-    Organize meetings involving institutions and private investors to validate hypotheses and proposals

Project methodology, workgroup presentation, project timetable:

1-    Assemble work groups to give substance to proposals on the basis of a joint evaluation
2-    Organize meetings involving institutions and private investors to validate hypotheses and proposals

The Caisse des Dépôts et des Consignations française (CDC), Caisse de Dépôt et de Gestion du Maroc (CDG) and IPEMED jointly launched the “Mediterranean Investment Initiative” (2IM) in March 2009. The objective of this initiative is to evaluate together opportunities and obstacles to investment in the Mediterranean and regularly present its conclusions to two dozen long-term public and private investors, as well as to development finance institutions from European countries, south and east Mediterranean countries (SEMCs) and the Gulf states.

Given the considerable investment needs at a time when public budgets in SEMCs are greatly constrained by the financial and economic crisis, it seems obvious that SEMCs should turn to PPPs to finance and carry out their projects. IPEMED is therefore organizing a select, high-level seminar followed by a report aiming to outline the principal PPP experiences in SEMCs and propose a regional framework for PPPs based on general principles.