The European Investment Bank (EIB) provides 3 key summaries: 1) The EIB is the largest multilateral lender in the world, providing over €71 billion in loans in 2013 to support sustainable development and growth outside the EU. 2) In Egypt specifically, the EIB has provided over €6 billion since 1979 to finance infrastructure projects in sectors like energy, industry, transport, and water. 3) The EIB supports public-private partnerships (PPPs) through facilities like the European PPP Expertise Centre to prepare projects and strengthen enabling environments for PPPs in countries like Egypt, Jordan, Morocco, and Tunisia.

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European Investment Bank
PUBLIC PRIVATE PARTNERSHIPS
Egypt’s River Transport Sector
17th September 2014

2. The EIB at a glance
• The European Investment Bank, (EIB) is the long term financing institution of
the European Union (EU). Its shareholders are the 28 Member States of the EU.
• Outside the EU, the Bank supports projects that contribute to economic
development, targeting to achieve sustainable development and growth.
• Largest multilateral lender and borrower in the world with EUR 71.7 bn of loans
in 2013
• Raise funds on the international capital markets
• Pass on favorable borrowing conditions to clients
• Some 440 projects each year in over 160 countries
• Headquartered in Luxembourg and 28 local offices
• Around 2 100 staff:
• Not only finance professionals, but also engineers, sector economists and socio-
environmental experts
• More than 50 years of experience in financing projects
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3. Value Added of EIB’s lending activities:
• Project quality and soundness
• Financial benefits of EIB funds (large
amounts, long maturities and attractive rates)
• Technical assistance
• Project assessment
• Leveraging EU Grants
• Support for EU priority objectives
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4. Underpinning EU external priorities
The world’s largest multilateral lender
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5. A diversified and complementary range of products
Main Instruments Objectives Beneficiaries
Loans
Credit Lines
(intermediation)
To develop the economic infrastructure (Direct Loans
or Bank Guaranteed)
To provide credit lines to financial institutions to fund
-Direct project investments
-SMEs
Public and private sector
promoters
Public and private sector
promoters
SMEs
Private equity To promote the creation or strengthening of the
capital base of companies
SMEs
Intermediate-sized private
enterprises
Investment funds
Microfinance institutions
Technical assistance To improve the quality of FEMIP’s operations and
their impact on development
Support to PPPs (EPEC)
All FEMIP customers
Guarantees* To stimulate the local capital market
To mobilise additional resources to supplement
scarce public capital resources.
To support sub-sovereign development
To reduce government risk exposure
SMEs
Large corporates
Domestic banks
Public sector promoters
Sub-sovereigns
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6. FEMIP-Mediterranean Neighbours
• FEMIP Facility for Euro-Mediterranean Investment and
Partnership is the key player in the financial partnership
between Europe and the Mediterranean.
• It has provided almost EUR 14.8 bn of finance through 209
operations since its inception in October 2002 in the nine
MPCs (Algeria, Egypt, Jordan, Lebanon, Morocco,
Palestine, Syria, Israel and Tunisia). (EUR 5bn since 2011).
• Priorities:
• Promoting dialogue between Euro Mediterranean Partners.
• Private sector ventures
• Infrastructure projects
• Investment in human capital
• Schemes specifically targeting environmental protection
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7. EIB in Egypt
• Since the launch of lending operations in Egypt in 1979,
the EIB has provided financing amounting to over EUR 6
billion, through some 80 loans and 50 risk capital
operations in both the public and private sectors.
* (Transport
Sector:
EUR1.1 bn,
(17%))
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50%
20%
17%
8%
8%
0% 1%
Sectoral breakdown of FEMIP activity in Egypt
Energy
Industry
Transport
Water,
wastewater
Credit Lines
Risk Capital
Agriculture

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EIB Latest key projects in Egypt
PROJECT SECTOR SIGNATURE AMOUNT
KAFR EL SHEIKH WASTE WATER TREATMENT
(EGYPT)
Water, sewerage 05/06/2014 77,000,000
EL SHABAB POWER PLANT Energy 09/02/2014 205,000,000
AIR TRAFFIC CONTROL UPGRADE EGYPT Transport 22/12/2013 50,000,000
NBE GLOBAL LOAN (EGYPT) Credit lines 17/12/2013 80,000,000
IWSP II (UPPER EGYPT) Water, sewerage 17/12/2013 57,000,000
CAIRO METRO LINE 3 (PHASE 3)* (EUR200m
signed)
Transport 14/11/2012 600,000,000
COMMUNITY DEVELOPMENT PROGRAM
(EGYPT)
Urban development 14/11/2012 45,000,000
GIZA NORTH POWER PLANT II Energy 29/12/2011 50,000,000
EGYPTIAN POWER TRANSMISSION Energy 24/10/2010 260,000,000
GIZA NORTH POWER PLANT Energy 24/10/2010 300,000,000
ERC REFINERY Industry 09/08/2010 346,366,995
TOTAL 2,070,366,995

9. Partnerships and TA
• Over 70% of the operations signed in 2013 were
co-financed with other international financial
institutions and EU bilateral agencies.
• EUR28m was allocated to 22 Technical advisory
operations (TA), financed through the FEMIP
Support Fund, the FEMIP Trust Fund and the
MENA Transition Fund.
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10. PPPs initiatives
• EPEC: Advisory Services: European PPP Expertise Centre
• AFFI: Arab Financing Facility for Infrastructure
• Med5P Initiative (NIF Funds): led by the EIB in close
cooperation with AFFI. It targets the preparation of projects
in priority infrastructure sectors in Egypt, Jordan, Morocco
and Tunisia.
• Workshops: Eg. Amman Workshop – Upgrading Jordan's
water sector: future potential of PPPs (2013). (Participants:
EU Delegation, OECD, WB, IDB, etc)
• Reports: Study on PPP Legal & Financial Frameworks in
the Mediterranean Partner Countries. (3 Volumes: Regional
Approach/Country Analysis/Best practices).
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11. PPP Study
PPP Legal & Financial Frameworks in the
Mediterranean Partner Countries.
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12. PPP initiatives
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Strengthening
the PPP
enabling
environment
Developing
PPP pipelines
and bringing
projects to
market
Fostering the
harmonisation
of best practice
AFFI-TAF
Knowledge
Awareness
Support to Enabling
Environment
Transaction Advisory
MED 5P EU-policy
project preparation
facility
AFFI Policy Forum
AFSED, IsDB
IFC, WB
EIB
EIB
AfD, KfW
EBRD
Arab Members
EPEC Network
EG, JO, LB, MO,
TU + EU PPP
Units

13. EIB PPP projects
• Since 1990, EIB has progressively enlarged its PPP different regions
and sectors. Currently, the Bank is one of the main provider PPP funds
with a portfolio of over 130 projects and investments of over 30bn
EUR.
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0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010
EURbn

14. Example of Projects in the region
• Jordan: TAFILA WIND FARM (2013):
• EUR53m Loan for the construction and operation of a greenfield
wind farm independent power producer (IPP) in the Tafila
Governorate of Jordan to produce 117 MW of electricity. The wind
farm will be located in an area to the east of the town of Ghurandil
and north of the Lafarge Rashidiya cement plant.
• The project fulfils the government's objective of increasing the
participation of the private sector in energy generation.
• It will be co-financed with the International Finance Corporation
(IFC), the Eksport Kredit Fonden (EKF), the OPEC Fund for
International Development (OFID), the Dutch Development Bank
(FMO) and Europe Arab Bank (EAB).
• The project received the “label” of the 43 countries of the Union for
the Mediterranean in 2014.
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15. Example of Projects in the region
• Morocco: ONEE - PROJET EOLIEN (2013)
• EUR 200m EIB loan to construct three wind farms included in the
second phase of the Moroccan Wind Programme.
• The three wind farms are located in Midelt (150 MW), Tanger (100
MW) and Essaouira (200 MW). The project will increase electricity
production to meet growing demand and support the country’s strategy
to increase the share of renewable energy in its electricity generation
portfolio to 42% by 2020.
• The Programme aims to reduce Morocco's heavy dependence on
imported energy and to develop a domestic natural resource that has
significant potential.
• In addition to this, the project will result in further development of the
Moroccan wind power industry, including the development of
specialised training and the promotion of research and development in
the wind industry, as well as fostering the social and regional
development of the country.
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16. Example of Projects in the region
• Palestine: Desalination Facility for the Gaza Strip
project
• In January 2013 the EIB invited tenders for a service contract
concerning TA services for the Desalination Facility for the Gaza Strip
project and a few months later signed the contract with the consultants,
who have started implementing the technical advisory services.
• The Desalination Facility for the Gaza Strip project is a landmark
operation consisting of three integrated projects in the Gaza Strip: the
construction of a 55m m3 sea water reverse osmosis (SWRO)
desalination plant; a north-south conveyance system; and a non-
revenue water reduction project. The project will help to address the
major water deficit for an ever-increasing population of currently 1.7
million people. It is part of a broader Palestinian Water Programme in
Gaza to address the water crisis in the Gaza Strip, where 90% of the
water is not drinkable due to the overpumping of the coastal aquifer, the
only available water source in the region.
• The project was the first to receive the UfM “label” on 22 June 2011.
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17. Example of Projects in the region
• Maritime Cluster - Port of Tangier MED I and II (Nov 2010)
• Background: In 2002, the Kingdom of Morocco established the “Tangier
Mediterranean” special economic zone 35 km from the city of Tangier to offer
potential investors a modern, state-of-the-art facility.
• The Tangier Med I project to which the EIB contributed EUR 40m to acquire
handling equipment provided the port with a container storage capacity of 3
million TEU.
• The Tangier Med II project EUR 200m Loan to increase this storage capacity
to 8 million TEU thanks, in particular, to the construction of two new container
terminals (TC3 and TC4) and some 30 buildings. Project costs at EUR 1bn.
• Timetable and Economic impact: Port finished end 2014, TC3 in 2015 ,TC4
in 2020. During its implementation phase, this site will create 33 000 direct
jobs and 2500 during operation.
• Emerging industrial cluster: The state-of-the-art environment has attracted
an automobile manufacturer, and 6000 direct jobs by 2015 and up to 20000
indirect.
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For more information:
www.eib.org