Description
The Facility for Euro-Mediterranean Investment and Partnership Trust Fund (FTF) aimed to help the EIB overcome capacity and expertise gaps in the Mediterranean Partner Countries (MPCs) and to create the conditions for stronger EIB engagement in the region. To this end, it provided technical assistance, capacity building and risk capital funding in the MPCs.
The evaluation found that the FTF was and continues to be a relevant instrument, providing the EIB with the means to facilitate the implementation of key investments. The FTF delivered clear results, particularly through the technical assistance linked to projects. Overall, the FTF has been well managed but some of its technical assistance operations could have been managed more closely.
In the future, The EIB should define more explicitly the types of activities it intends to prioritise under the FTF, carry out an analysis of the bottlenecks affecting the implementation of technical assistance operations and provide strategic guidance for the implementation of the internship and secondment programmes.
