Major new European Investment Bank report shows potential of Public-Private Partnerships across Mediterranean region

15 Aug 2011 | 04:55 pm | 2 min. read

Study analyses legal and financial frameworks and identifies key areas for change The European Investment Bank (EIB) has just released a significant study aimed at exploring and promoting Public-Private Partnerships (PPP) to fund critical infrastructure projects across nine countries in North Africa and the Middle East. Aimed at highlighting the current PPP legal and financial frameworks it demonstrates the potential benefits that PPP can bring. The study was prepared by the PPP and project finance teams of legal advisers Pinsent Masons and Salans, and financial advisers Mazars.

Launched and discussed at the 9th FEMIP conference on the 30th May 2011 in Casablanca, Morocco, the study demonstrates that PPP can be a viable option for specific, well-structured projects in many of the countries studied, and outlines the steps needed to boost its understanding and usage. Held under the theme Mediterranean Infrastructure Challenges: the Potential of Public-Private Partnerships, the conference was attended by ministers, senior officials, and other PPP stakeholders (private and public sector) from the relevant countries, along with international PPP developers and funders. As a key action point it launched an ambitious technical assistance programme for PPP in the Mediterranean region. Egypt, Jordan, Morocco and Tunisia have already been selected to receive EIB assistance in developing and managing pilot PPP projects.

The study was carried out under the EIB’s Facility for Euro-Mediterranean Investment and Partnership (FEMIP). Through FEMIP, the EIB channels funding, grants and advice for the development of the infrastructure and SME sectors in Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Syria, Tunisia, and the West Bank. The study reviewed the legal, institutional, regulatory, and financial factors for implementing PPP in each of these nine countries, with regional, individual country and international comparative assessments.

The study, declaration and details of the Conference may be found on the EIB website.

Commenting on the readiness of the FEMIP Mediterranean partner countries for PPP procurement and investment, Barry Francis, partner of Pinsent Masons said:

“Throughout the region there have been some major early successes in implementing PPP for vital projects in water, transport and energy that improve overall quality of life. These provide valuable lessons for all countries in the region to help them create projects that provide essential services which are economically efficient, and which transfer key risks to the private sector. From our extensive experience, there is a major demand for infrastructure funding across the region, and this study outlines the necessary next steps to increase the use of PPP where it is relevant to successfully meet this need.”

Commenting on the evident appetite for PPP in the region, Bob Green, Head of Project Finance of Mazars said:

“It is clear that there is a large pent-up infrastructure demand in the region, and many governments are keen to use PPPs to meet this demand for essential investment. Moreover, in general, this impetus is continuing and is supported irrespective of the current political situation in several of the countries – every country needs investment in their water, energy, transport, and other public infrastructure sectors.  Many countries are keen to prepare PPP projects, to launch on the market when conditions permit.In projects such as these, with high impact on societies at large, both private and public entities need to be supported by experienced advisers to ensure that their proposals best serve the public interest.”

Latest press releases

Show me all press releases

Pinsent Masons appoints new Head of Tax Fraud Investigations

International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.

Voters urge business to 'find its voice' in UK election debate

Two out of three voters believe business should 'make its voice heard' on the choices facing the UK electorate as the general election approaches.

Pinsent Masons advises Zurich on the sale of its UK Retail Wealth business

International law firm Pinsent Masons has advised Zurich, the global insurance provider, on the sale of its UK Retail Wealth business to Embark Group.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons appoints Ian Laing as Global Head of Infrastructure

International law firm Pinsent Masons has appointed Ian Laing to lead its global infrastructure team.

Pinsent Masons appoints new Finance Partner in Sydney

International law firm Pinsent Masons is pleased to announce that Finance & Projects partner, Jim Hunwick, is joining the firm's Australia practice in Sydney.

Pinsent Masons wins Project Finance Deal of the Year award in Middle East

International law firm, Pinsent Masons, has been awarded the 'Deal of the Year for Project Finance' award at the International Financial Law Review (IFLR) Middle East Awards 2019.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts