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The Invest in Med project has been oficially closed : Editorial by Wafaa Sobhy, President of ANIMA Investment Network
Dear partners, Dear supporters of the Invest in Med project,The Invest in Med project has been administratively closed on the November 30th 2011.On behalf of the MedAlliance, the consortium in charge of implementing this project, which associates ANIMA as co-ordinator, ASCAME, BUSINESSMED, EUROCHAMBRES, GIZ, UNIDO and EPA Euroméditerranée, I would like to thank all the partners and the operators who contributed in this project. We also would like to thank the European Commission for their support and co-operation in the implementation of this project, and particularly the DG DEVCO which is in charge of implementing the external co-operation of the European Union, as well as the City of Marseille and the Provence Alpes Côte d’Azur Region for their continuous contribution.The mobilisation of your organisations and staff have led to impressive results which go beyond our initial expectations: 350 operations implemented in 40 months associating 298 organisations; 14,000 individual business meetings organised; 4,000 staff trained and about 2,000 business partnership under negotiation, to focus on the quantitative aspect.But this project has also initiated a refreshing co-operative movement between public and private organisations from Europe and the Southern rim of the Mediterranean. Despite a difficult political context, and in an uncertain economic environment, intermediate organisations have shown their capacity to move on with the Euro-Mediterranean co-operation, and pull the economic integration of the region, at their level.  [Read the full version of the Editorial]

The alliance between a large Algerian private agrifood company (CNA) and two French SMEs (ART EMBALLAGES et Société Méridionale de Caisserie) has allowed Algeria to acquire a new local manufacturing capacity of quality wooden pallets, designed to meet international requirement standards. This strategic alliance, which took the form of a French-Algerian Joint Venture, was rewarded on November 17, 2011 by the ADECI Industrial Partnership trophies. The ADECI celebrated its 30th anniversary on the same occasion.  [Read+]

How can we reinforce the impact of investment on sustainable development in the Mediterranean? ANIMA provides answers and courses of action by publishing a study on "Socially Responsible Investment: What Strategy for the Mediterranean? " as part of the Invest in Med project, supported by the European Commission.  [Read+]

ANIMA, in the framework of the MedVentures platform, is pleased to invite you to participate in the MIT Enterprise Forum Arab Business Plan Competition. You have an idea for a new business? Apply now at: www.mitarabcompetition.com to win USD 50,000 and get your business started. Deadline for submitting online applications: January 10, 2012.  [Read+]

The Metro d’Alger enterprise has just launched a call for tender for the extension works of the eastward Oran tramway line. This call relates to the study, follow-up and control of the "USTO-Bir El Djir" and  "Es Senia-Aéroport Es Senia extension works.  [Lire+]  

Egypt will launch a tender offer for the construction of a 200 megawatts wind power station on the Gulf of Suez under the national renewable energy programme. This wind farm, which will contribute to the increase of current energy capacity in the country, is scheduled to be operational in April 2014 with an investment of about USD 500 million.  [Read+]

25 million USD will be invested in 13 years to transform the Tel Aviv port. This project will provide for the creation of luxury hotels, restaurants, cultural centres, giant screens displaying advertisements and live stock exchanges, and the renovation of all the building surrounding the port.  [Lire+]  

As part of the reconstruction of rural areas affected by the war in 2006, the UNIDO, in partnership with the Istituto per la Cooperazione Universitaria and the Lebanese government, launches a call for tender to supply electrical and agri-food equipment.  [Lire+]

The Berkane agropole aims at creating a reference regional platform for the processing and distribution of agricultural products. The global investment is estimated at 1.25 billion DH, including 250 million DH for the development of infrastructures. It will generate more than 5,000 direct jobs, and will help accompany innovative projects developers.  [Lire+]

The International Fund for Agricultural Development (IFAD) will implement several agricultural and pastoral megaprojects in Siliana, Tataouine, Kebili and Medenine.  [Lire+]

The European Bank for Reconstruction and Development (ERBD) has allocated a EUR 400 million credit line to support Turkish SMEs in agribusiness sector. The funds, which is dedicated to the development of local SMEs operating in rural areas, will be channelled through local partner banks.  [Read+]

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