Infrastructure is a key element of the business environment and a major generator of direct and indirect employment. Yet in the Middle East and North Africa (MENA) region, increasing demand for infrastructure is obstructed by declining private investment in major projects due to global economic conditions and regional political uncertainty.
The ISMED Support Programme
The Investment Security in the Mediterranean (ISMED) Support Programme provides a forum where governments, international financial institutions, development agencies, private sector operators, lenders and investors, work together toward the objective of facilitating private-sector investment in infrastructure projects in the Middle East and North Africa, with a focus on legal investment protection and Public-Private Partnerships (PPPs).
Launched in November 2012, the ISMED Support Programme is implemented by the MENA-OECD Investment Programme with financial support from the European Union.
During 2013-2014, the Programme focused on:
- Assessing legal risks for infrastructure investment and providing policy guidance to governments at both a project and sector level;
- Facilitating public-private dialogue on reducing obstacles to private participation in infrastructure;
- Fostering integrated approaches to innovative policy and financial tools to help develop PPPs.
- Legal Study: Protecting Investments; Legal Frameworks for Investment in Egypt, Jordan, Morocco and Tunisia
- Handbook: Public-Private Partnerships in the MENA: A Handbook for Policy-Makers
For further information on the ISMED project, contact email@example.com.
with financial support from the European Union