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March 2010 |
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Consult the newsletter on line and/or Suscribe to our newsletter Leading news
After the physical business meeting, partnerships take place on the Internet! |
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| Business opportunities | Back to top |
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Algeria The Programme supporting SMEs keeps development of Algerian SMEs afloat The Programme supporting SMEs has been set up in collaboration with the EU to modernise et support the development of local SMEs by providing technical support and training. [Lire +] |
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Egypt Egypt builds a new wind-farm The energy and electricity Egyptian ministry and the Abu Dhabi company, Masdar have just concluded an agreement, on 20 February 2010, to build a 200 MW wind-farm close to Suez, on the East Coast. [Lire+] |
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Israel GAP to open new large store in Eilat The new 650-square meter store is scheduled to open gates in June 2010. The US-based multinational firm has inaugurated its very first store in Israel in Jerusalem's Malha Mall. [Read+] |
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Jordan Joint Venture between the Jordanian ministry of tourism and the private sector The Jordanian ministry of tourism has engaged talks with the private sector to create a company specialised in the development of the sector. [Lire+] |
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Lebanon Lebanese wine in effervescence Is the glass of wine going to conquer Lebanese tables? The sector is recovering in many Lebanese regions thanks to the creation of new vineyards. [Lire+] |
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Egypt Libya to set up a free trade zone to attract investors in non-oil sectors The zone will have free movement of capital and goods. It will have its own courts and a stock exchange, and investors will benefit from a 10-year tax holiday. [Read+] |
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Morocco Rabat announces the establishment of three new exportation free zones The three new zones will be located in Dakhla, Laâyoune, and Kenitra. [Lire+] |
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Syria Opening of a 750 MW power central in Deir Ali The electric station of Deir Ali, southern Damas, has been inaugurated by the Syrian First Ministry Naji Otri, on 10 February 2010. [Lire+] |
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Tunisia The Tunisian Solar Plan discussed at the Franco-Tunisian economic chamber (CTFCI) Abderrazak Rasaa, State Secretary for the sustainable energy and the Food industry animated a round table on the Tunisian Solar Plan at the CTFCI, on February the 24th 2010. [Lire+] |
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Turkey Privatisation of power plants lures new investors So far, the Turkish authority in charge of the privatisation process has received more than 100 offers for the selling of 52 public-owned hydroelectric power plants. [Read+] |
| Ongoing projects | Back to top |
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From Solar energy to port logistics: Invest launches 11 new regional initiatives
11 leaders of initiatives contributing to the economic development of the Mediterranean countries have launched their projects during a public session organised on 2 and 3 March 2010 in Marseille. Involving more than 50 business and economic development organisations from 7 European and 9 Mediterranean countries, these initiatives are all contributing to raise the attractiveness of the Mediterranean region by developing a shared expertise and concrete partnerships between Euro-Mediterranean enterprises. Strategic sectors such as solar energy, eco-construction, e-commerce and logistics are targeted. The programme has supported 49 projects since October 2008 including this new selection. To know more about the 49 initiatives supported by Invest in Med. [Read+] |
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Women entrepreneurs: the Mediterranean is yours!
24 and 25 February 2010 Businessmed gathered more than 160 women entrepreneurs of 13 Mediterranean countries for the workshop 'Create new opportunities for Women entrepreneurs in the Mediterranean, with a focus on the financing of SMEs. More than 90 business meetings were organised. [Read+] |
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Batimed meetings in Poland: energy in the construction sector!
On 23-26 February 2010 in Warsaw and Katowice by the Polish Chamber of Commerce, the Batimed workshops and BtoB welcomed more than 70 companies from Poland, Morocco and Algeria in the building sector, as well as representatives of the European Commission and the Polish government. More than 300 business meetings took place and around a hundred people were gathered around the issues of energy management in the construction sector. [Read+] |
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Med Academy: Invest in Med - World Bank seminar held in Cairo
ANIMA and the World Bank organised in Cairo on 9-11 February 2010 a capacity building seminar dedicated to the facilitation of foreign direct investments. Gathering around 40 executives of Mediterranean Investment Promotion Agencies and CCIs, the seminar leveraged the results of 'The Global Investment Promotion Benchmarking 2009' in order to identify regional weaknesses and learn from the best performers from the Euromed area. [Read+] |
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Technical textile: towards a Euro-mediterranean prototyping platform
More than 40 representatives of competitiveness clusters, economic development agencies, chambers of commerce, R&D centers, from Tunis, Morocco, Egypt, Syria, Jordan, and Europe gathered in Tunis in the framework of the TEXTECH Med initiative, on 3-5 March 2010. These actors are working together on the design and implementation of a Euro Mediterranean platform aiming at mutualising technical services (prototyping, certification) as well as support services (internationalisation, exports, business development). [Read+] |
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Focus on building insulation in the Maghreb countries
During the BATIMATEC international fair (2-7 May 2010) in Algiers, the Algerian Chamber of Commerce and Industry (CACI) will organise on the 6th May business meetings and a workshop on building insulation, in partnership with GTZ, UTICA, and CGEM. A presentation of investment opportunities in the Maghreb region will be realised and more than 40 companies - producers, suppliers and exporters of insulation materials – will be connected to professionals from the building sector. Willing to participate or need further information? Click here |
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Med Zones workshop: a sustainable management of Mediterranean industrial parks
About thirty planners, managers and coordinators of economic activity parks took part in the Med Zones workshops in Casablanca on 22-24 February 2010. Hosted at the French Chamber of Commerce and Industry in Morocco, this workshop identified the main issues in setting up a concrete implementation of sustainable development in industrial parks, considering the issues of services to companies, real estate density and water and energy control. [Read+] |
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MedDiaspora, the first Mediterranean economic expatriates directory: more than 150 networks identified!
The MedDiaspora project aims to identify entrepreneurs, researchers, high level executives’ investors, living abroad, to understand their international business projects and to list the supporting networks and support services in their home countries. So far, more than 150 networks of expatriates originating from Med countries have been identified and involved. If you are willing to help us identifying the existing networks of Diaspora networks, please Click here |
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A Med Tracking - Med Port partnership
During the launching workshop of the new initiatives (2-3 March 2010) in Marseille, many contacts have been established between the Med-Tracking community gathering actors in the transport of containers accross the Mediterranean, and representatives of the Med Ports initiative, which plans to link up organisations supporting enterprises with SMEs operating in logistics. Contacts have also been engaged with Syrian and Israel partners. [Read+] |
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The industrial partnership methodology soon introduced in Egypt
On 24-28 March 2010, ADECI will be in Cairo and Alexandria to introduce the industrial partnership methodology to Egyptian partners. Their method promotes a specific approach of business partnerships by encouraging contact between people practicing the same job in different countries and contexts. Already well-known in the Maghreb region,it will be introduced in Egypt for the first time. The technical assistance mission will facilitate the creation of a catalogue of partnership offers from European and Mediterranean SMEs. Lebanon should shortly join the initiative. [Read+] |
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A new study on Tunisian Diaspora in France and Germany to be released in March
The first results of a study carried out by GTZ and the Federal Ministry of Economics and Technology of Germany on the Tunisian Diaspora will be available by March 2010. The study will focus on profiles and expectations from Tunisian expatriates in France and Germany, and propose recommendations to the Tunisian government and local support networks. [Read+] |
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Réseau Entreprendre transfers its young entrepreneurs coaching methods in Tunisia and Lebanon
The creation of a sustainable organisation for providing free loans and coaching services to young entrepreneurs in Tunisia is on its way, in the framework of the Med Young Entrepreneurs Coaching network initiative. The director of the future association Réseau Entreprendre Tunis has been appointed in January, and its integration to the network took place in Marseille in January, through trainings and activities with the local Réseau Entreprendre PACA. Meanwhile, another training took place in Lebanon where two coaches transferred their competences to 20 business angels, CEOs and bankers gathered by Bader. [Read+] |
| Recent investments in med | Back to top |
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Algeria - Car manufacturers or suppliers Renault : The automotive manufacturer to invest in a 50,000 car per year assembly plant in Rouiba in a 49-51 joint-venture with national company SNVI |
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Palestinian Authority - Other or not specified Abraaj Capital : The group plans to take stakes in several local SMEs in team with the Palestine Investment Fund through a newly launched private equity fund |
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Egypt - Bank, insurance, other financial services BNP Paribas : The group plans to set up a mobile banking network in partnership with local Mobinil, a local company controlled by Orascom and France Telecom |
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Israel - Data processing & software Yifang : The Shenzen-based computer company to acquire the digital pen developer Pegasus Technologies and its patents after a four-year cooperation |
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Jordan - Electric, electronic & medical hardware Hewlett Packard (HP) : The group to open a subsidiary and a regional competency centre in Jordan to service the wider Middle East, Mediterranean and Africa (MENA) region |
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Lebanon - Other or not specified The Economist : The famous media group to open a regional representative office in Beirut with the help of its local partner the Alef Publishing and Media Company |
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Libya - Consulting and services to companies Denton Wilde Sapte : The London-based international law firm to establish in Libya following the ink of an association agreement with local Tumi Law Firm |
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Malta - Energy SunPower / Sunray : The solar electric power technology provider to acquire Maltese company Sunray to expand its activities in Europe and in Med countries |
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Syria - Bank, insurance, other financial services EFG-Hermes : The investment bank plans to set up a local subsidiary before the end of 2010 in a 70-30 joint venture with Syrian businessman Hassan Heikal |
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Tunisia - Aeronautical, naval & railway equipment Aeroconseil : The Blagnac-based engineering and aeronautics group to set up a manufacturing plant in Tunisia by the end of 2010 |
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Turkey - Agribusiness Netafim : The leading provider of micro irrigation solutions to set up a plant in Adana before a possible future expansion in Turkey and neighbouring countries |
| All foreign investments in the Mediterranean available in the MIPO observatory |
| Agenda | Back to top |
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Hammamet, Tunisia From 03-30-2010 to 04-04-2010 - Expofemina 2010 It is not only a new edition of the show :Savoir Faire au Féminin, but it is also a Forum "MEDINA MED FORUM" and B2B day between Mediterranean women. The former will be organized by the CNFCE of Hammamet in association with the ASCAME (Association of the Chambers of Commerce of the Mediterranean Sea) and the Cap Bon Chamber of Commerce . |
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Alexandre, Le Caire, Egypt From 03-23-2010 to 03-29-2010 - Introducing the Industrial partnership in Egypt Working on the basis of an Illustrated Guide to Industrial Partnerships published in December 2009, the ADECI will organise a series of technical missions to the different partners countries of the Med-Industrial partnership initiative. The first mission will be conducted in Egypt and will present the Industrial Partnership method as an effective means of contact between firms from both sides of the Mediterranean. This mission will also be opportunity to train egyptian partners on the various working tools used to identify and match companies of the two rims. |
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The Invest in Med programme aims at developing sustainable trade relationships, investments and enterprise partnerships between the two rims of the Mediterranean. Funded at 75% by the European Union over the 2008-2011 period, it is implemented by the MedAlliance consortium, which associates economic development organisations (ANIMA, leader of the programme), CCIs (ASCAME, EUROCHAMBRES), and business federations (BUSINESSMED). The members of these networks, as well as their special partners (UNIDO, GTZ, EPA Euroméditerranée, World Bank, etc.), gather a thousand of economic actors - mobilised through pilot initiatives centered on key Mediterranean promising niches. Each year, a hundred operations associate the 27 countries of the European Union and 9 Mediterranean partner countries: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestinian Authority, Syria and Tunisia. www.invest-in-med.eu |